This property looks like a bad Mid-Term investment with a projected -8.89% first-year return on $70,496 initial cash invested.
-8.89%
Cash On Cash
4.44%
Cap Rate
0.67
DSCR
$1,857
Rent
-$522
Cashflow
Cash Flow
$1,857 income − $2,379 expenses = $522 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,496
Downpayment
20%
$49,996
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,857
Total Expenses
$2,379
Mortgage P&I
74%
$1,373
Property Taxes
15%
$287
Home Insurance
5%
$88
HOA
0%
$0
Property Management
12%
$223
CapEx
4%
$74
Vacancy
3%
$56
Maintenance
4%
$74
Other
11%
$204