This property looks like a bad Mid-Term investment with a projected -1.55% first-year return on $72,894 initial cash invested.
-1.55%
Cash On Cash
6.74%
Cap Rate
1
DSCR
$2,319
Rent
-$94
Cashflow
Cash Flow
$2,319 income − $2,413 expenses = $94 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,894
Downpayment
20%
$52,280
Closing costs
1%
$2,614
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,319
Total Expenses
$2,413
Mortgage P&I
63%
$1,469
Property Taxes
3%
$67
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$278
CapEx
4%
$93
Vacancy
3%
$70
Maintenance
4%
$93
Other
11%
$255