This property looks like a bad Mid-Term investment with a projected -1.86% first-year return on $79,950 initial cash invested.
-1.86%
Cash On Cash
6.25%
Cap Rate
1
DSCR
$2,978
Rent
-$124
Cashflow
Cash Flow
$2,978 income − $3,102 expenses = $124 out of pocket
Investment Breakdown
|
Purchase Price
$295k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$79,950
Downpayment
20%
$59,000
Closing costs
1%
$2,950
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,978
Total Expenses
$3,102
Mortgage P&I
52%
$1,542
Property Taxes
15%
$445
Home Insurance
3%
$103
HOA
0%
$0
Property Management
12%
$357
CapEx
4%
$119
Vacancy
3%
$89
Maintenance
4%
$119
Other
11%
$328