This property looks like a bad Mid-Term investment with a projected -1.61% first-year return on $71,718 initial cash invested.
-1.61%
Cash On Cash
6.43%
Cap Rate
1
DSCR
$2,344
Rent
-$96
Cashflow
Cash Flow
$2,344 income − $2,440 expenses = $96 out of pocket
Investment Breakdown
|
Purchase Price
$256k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$71,718
Downpayment
20%
$51,160
Closing costs
1%
$2,558
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,344
Total Expenses
$2,440
Mortgage P&I
59%
$1,373
Property Taxes
8%
$179
Home Insurance
4%
$91
HOA
0%
$0
Property Management
12%
$281
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258