This property looks like a bad Mid-Term investment with a projected -1.45% first-year return on $73,860 initial cash invested.
-1.45%
Cash On Cash
6.11%
Cap Rate
1
DSCR
$2,152
Rent
-$89
Cashflow
Cash Flow
$2,152 income − $2,241 expenses = $89 out of pocket
Investment Breakdown
|
Purchase Price
$266k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,860
Downpayment
20%
$53,200
Closing costs
1%
$2,660
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,152
Total Expenses
$2,241
Mortgage P&I
63%
$1,357
Property Taxes
3%
$56
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$258
CapEx
4%
$86
Vacancy
3%
$65
Maintenance
4%
$86
Other
11%
$237