This property looks like a bad Mid-Term investment with a projected -0.67% first-year return on $77,346 initial cash invested.
-0.67%
Cash On Cash
6.47%
Cap Rate
1.05
DSCR
$2,766
Rent
-$43
Cashflow
Cash Flow
$2,766 income − $2,809 expenses = $43 out of pocket
Investment Breakdown
|
Purchase Price
$283k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$77,346
Downpayment
20%
$56,520
Closing costs
1%
$2,826
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,766
Total Expenses
$2,809
Mortgage P&I
53%
$1,455
Property Taxes
11%
$311
Home Insurance
4%
$102
HOA
0%
$0
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304