This property looks like a bad Mid-Term investment with a projected -2.06% first-year return on $77,955 initial cash invested.
-2.06%
Cash On Cash
6.68%
Cap Rate
0.99
DSCR
$3,154
Rent
-$134
Cashflow
Cash Flow
$3,154 income − $3,288 expenses = $134 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,955
Downpayment
20%
$57,100
Closing costs
1%
$2,855
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,154
Total Expenses
$3,288
Mortgage P&I
51%
$1,597
Property Taxes
16%
$509
Home Insurance
3%
$102
HOA
0%
$8
Property Management
12%
$378
CapEx
4%
$126
Vacancy
3%
$95
Maintenance
4%
$126
Other
11%
$347