This property looks like a bad Mid-Term investment with a projected -3.39% first-year return on $75,015 initial cash invested.
-3.39%
Cash On Cash
6.37%
Cap Rate
0.93
DSCR
$2,698
Rent
-$212
Cashflow
Cash Flow
$2,698 income − $2,910 expenses = $212 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,015
Downpayment
20%
$54,300
Closing costs
1%
$2,715
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,698
Total Expenses
$2,910
Mortgage P&I
57%
$1,545
Property Taxes
13%
$349
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$324
CapEx
4%
$108
Vacancy
3%
$81
Maintenance
4%
$108
Other
11%
$297