This property looks like a bad Mid-Term investment with a projected -7.77% first-year return on $73,629 initial cash invested.
-7.77%
Cash On Cash
4.66%
Cap Rate
0.72
DSCR
$1,899
Rent
-$477
Cashflow
Cash Flow
$1,899 income − $2,376 expenses = $477 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,629
Downpayment
20%
$52,980
Closing costs
1%
$2,649
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,899
Total Expenses
$2,376
Mortgage P&I
75%
$1,430
Property Taxes
11%
$207
Home Insurance
5%
$93
HOA
0%
$0
Property Management
12%
$228
CapEx
4%
$76
Vacancy
3%
$57
Maintenance
4%
$76
Other
11%
$209