This property looks like a bad Mid-Term investment with a projected -1.57% first-year return on $72,579 initial cash invested.
-1.57%
Cash On Cash
6.73%
Cap Rate
1
DSCR
$2,530
Rent
-$95
Cashflow
Cash Flow
$2,530 income − $2,625 expenses = $95 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,579
Downpayment
20%
$51,980
Closing costs
1%
$2,599
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,530
Total Expenses
$2,625
Mortgage P&I
57%
$1,452
Property Taxes
9%
$222
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$304
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278