This property looks like a bad Mid-Term investment with a projected -1.59% first-year return on $80,979 initial cash invested.
-1.59%
Cash On Cash
6.28%
Cap Rate
1
DSCR
$2,756
Rent
-$107
Cashflow
Cash Flow
$2,756 income − $2,863 expenses = $107 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,756
Total Expenses
$2,863
Mortgage P&I
57%
$1,566
Property Taxes
9%
$245
Home Insurance
4%
$105
HOA
0%
$10
Property Management
12%
$331
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303