This property looks like a bad Mid-Term investment with a projected -1.36% first-year return on $76,590 initial cash invested.
-1.36%
Cash On Cash
6.51%
Cap Rate
1
DSCR
$2,354
Rent
-$87
Cashflow
Cash Flow
$2,354 income − $2,441 expenses = $87 out of pocket
Investment Breakdown
|
Purchase Price
$279k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,590
Downpayment
20%
$55,800
Closing costs
1%
$2,790
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,354
Total Expenses
$2,441
Mortgage P&I
64%
$1,506
Property Taxes
2%
$37
Home Insurance
4%
$98
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$71
Maintenance
4%
$94
Other
11%
$259