This property looks like a bad Mid-Term investment with a projected -0.18% first-year return on $72,516 initial cash invested.
-0.18%
Cash On Cash
6.65%
Cap Rate
1.07
DSCR
$2,520
Rent
-$11
Cashflow
Cash Flow
$2,520 income − $2,531 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,516
Downpayment
20%
$51,920
Closing costs
1%
$2,596
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,520
Total Expenses
$2,531
Mortgage P&I
53%
$1,348
Property Taxes
9%
$233
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$302
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$277