This property looks like a bad Mid-Term investment with a projected -0.19% first-year return on $69,555 initial cash invested.
-0.19%
Cash On Cash
7.16%
Cap Rate
1.07
DSCR
$2,733
Rent
-$11
Cashflow
Cash Flow
$2,733 income − $2,744 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$246k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$69,555
Downpayment
20%
$49,100
Closing costs
1%
$2,455
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,733
Total Expenses
$2,744
Mortgage P&I
50%
$1,366
Property Taxes
13%
$361
Home Insurance
3%
$88
HOA
0%
$0
Property Management
12%
$328
CapEx
4%
$109
Vacancy
3%
$82
Maintenance
4%
$109
Other
11%
$301