This property looks like a bad Mid-Term investment with a projected -0.06% first-year return on $74,070 initial cash invested.
-0.06%
Cash On Cash
7%
Cap Rate
1.06
DSCR
$2,464
Rent
-$4
Cashflow
Cash Flow
$2,464 income − $2,468 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$267k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,070
Downpayment
20%
$53,400
Closing costs
1%
$2,670
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,464
Total Expenses
$2,468
Mortgage P&I
59%
$1,462
Property Taxes
3%
$74
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$296
CapEx
4%
$99
Vacancy
3%
$74
Maintenance
4%
$99
Other
11%
$271