This property looks like a bad Mid-Term investment with a projected -9.9% first-year return on $80,979 initial cash invested.
-9.9%
Cash On Cash
4.3%
Cap Rate
0.65
DSCR
$2,146
Rent
-$668
Cashflow
Cash Flow
$2,146 income − $2,814 expenses = $668 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,146
Total Expenses
$2,814
Mortgage P&I
77%
$1,657
Property Taxes
15%
$322
Home Insurance
5%
$105
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$64
Maintenance
4%
$86
Other
11%
$236