This property looks like a bad Mid-Term investment with a projected -5.62% first-year return on $78,417 initial cash invested.
-5.62%
Cash On Cash
5.34%
Cap Rate
0.82
DSCR
$2,352
Rent
-$367
Cashflow
Cash Flow
$2,352 income − $2,719 expenses = $367 out of pocket
Investment Breakdown
|
Purchase Price
$288k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$78,417
Downpayment
20%
$57,540
Closing costs
1%
$2,877
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,352
Total Expenses
$2,719
Mortgage P&I
66%
$1,553
Property Taxes
11%
$259
Home Insurance
5%
$107
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259