This property looks like a bad Mid-Term investment with a projected -0.59% first-year return on $72,852 initial cash invested.
-0.59%
Cash On Cash
6.95%
Cap Rate
1.05
DSCR
$2,751
Rent
-$36
Cashflow
Cash Flow
$2,751 income − $2,787 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$261k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,852
Downpayment
20%
$52,240
Closing costs
1%
$2,612
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,751
Total Expenses
$2,787
Mortgage P&I
52%
$1,438
Property Taxes
12%
$320
Home Insurance
3%
$93
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$83
Maintenance
4%
$110
Other
11%
$303