This property looks like a bad Mid-Term investment with a projected -1.92% first-year return on $75,057 initial cash invested.
-1.92%
Cash On Cash
6.62%
Cap Rate
0.99
DSCR
$2,637
Rent
-$120
Cashflow
Cash Flow
$2,637 income − $2,757 expenses = $120 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,057
Downpayment
20%
$54,340
Closing costs
1%
$2,717
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,637
Total Expenses
$2,757
Mortgage P&I
57%
$1,513
Property Taxes
9%
$249
Home Insurance
4%
$100
HOA
0%
$0
Property Management
12%
$316
CapEx
4%
$105
Vacancy
3%
$79
Maintenance
4%
$105
Other
11%
$290