This property looks like a bad Mid-Term investment with a projected -0.17% first-year return on $76,611 initial cash invested.
-0.17%
Cash On Cash
7.18%
Cap Rate
1.07
DSCR
$2,902
Rent
-$11
Cashflow
Cash Flow
$2,902 income − $2,913 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,611
Downpayment
20%
$55,820
Closing costs
1%
$2,791
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,902
Total Expenses
$2,913
Mortgage P&I
54%
$1,566
Property Taxes
9%
$275
Home Insurance
3%
$86
HOA
0%
$0
Property Management
12%
$348
CapEx
4%
$116
Vacancy
3%
$87
Maintenance
4%
$116
Other
11%
$319