This property looks like a bad Mid-Term investment with a projected -1.34% first-year return on $70,500 initial cash invested.
-1.34%
Cash On Cash
6.54%
Cap Rate
1.01
DSCR
$2,148
Rent
-$79
Cashflow
Cash Flow
$2,148 income − $2,227 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,500
Downpayment
20%
$50,000
Closing costs
1%
$2,500
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,148
Total Expenses
$2,227
Mortgage P&I
63%
$1,356
Property Taxes
2%
$53
Home Insurance
4%
$88
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$236