This property looks like a bad Mid-Term investment with a projected -1.65% first-year return on $71,844 initial cash invested.
-1.65%
Cash On Cash
6.65%
Cap Rate
1
DSCR
$2,558
Rent
-$99
Cashflow
Cash Flow
$2,558 income − $2,657 expenses = $99 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,844
Downpayment
20%
$51,280
Closing costs
1%
$2,564
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,558
Total Expenses
$2,657
Mortgage P&I
55%
$1,417
Property Taxes
11%
$280
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$307
CapEx
4%
$102
Vacancy
3%
$77
Maintenance
4%
$102
Other
11%
$281