This property looks like a bad Mid-Term investment with a projected -0.72% first-year return on $77,850 initial cash invested.
-0.72%
Cash On Cash
7%
Cap Rate
1.05
DSCR
$3,274
Rent
-$47
Cashflow
Cash Flow
$3,274 income − $3,321 expenses = $47 out of pocket
Investment Breakdown
|
Purchase Price
$285k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,850
Downpayment
20%
$57,000
Closing costs
1%
$2,850
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$3,274
Total Expenses
$3,321
Mortgage P&I
48%
$1,578
Property Taxes
16%
$530
Home Insurance
3%
$100
HOA
0%
$0
Property Management
12%
$393
CapEx
4%
$131
Vacancy
3%
$98
Maintenance
4%
$131
Other
11%
$360