This property looks like a bad Mid-Term investment with a projected -3.86% first-year return on $77,955 initial cash invested.
-3.86%
Cash On Cash
5.89%
Cap Rate
0.9
DSCR
$2,552
Rent
-$251
Cashflow
Cash Flow
$2,552 income − $2,803 expenses = $251 out of pocket
Investment Breakdown
|
Purchase Price
$286k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,955
Downpayment
20%
$57,100
Closing costs
1%
$2,855
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,552
Total Expenses
$2,803
Mortgage P&I
61%
$1,551
Property Taxes
10%
$262
Home Insurance
5%
$122
HOA
0%
$0
Property Management
12%
$306
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281