This property looks like a bad Mid-Term investment with a projected -5.57% first-year return on $74,595 initial cash invested.
-5.57%
Cash On Cash
5.22%
Cap Rate
0.82
DSCR
$2,151
Rent
-$346
Cashflow
Cash Flow
$2,151 income − $2,497 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,595
Downpayment
20%
$53,900
Closing costs
1%
$2,695
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,151
Total Expenses
$2,497
Mortgage P&I
67%
$1,432
Property Taxes
11%
$237
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237