This property looks like a bad Mid-Term investment with a projected -0.22% first-year return on $76,170 initial cash invested.
-0.22%
Cash On Cash
7.01%
Cap Rate
1.07
DSCR
$2,842
Rent
-$14
Cashflow
Cash Flow
$2,842 income − $2,856 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$277k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$76,170
Downpayment
20%
$55,400
Closing costs
1%
$2,770
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,842
Total Expenses
$2,856
Mortgage P&I
53%
$1,518
Property Taxes
9%
$263
Home Insurance
4%
$100
HOA
0%
$8
Property Management
12%
$341
CapEx
4%
$114
Vacancy
3%
$85
Maintenance
4%
$114
Other
11%
$313