This property looks like a bad Mid-Term investment with a projected -5.29% first-year return on $75,729 initial cash invested.
-5.29%
Cash On Cash
5.66%
Cap Rate
0.84
DSCR
$2,236
Rent
-$334
Cashflow
Cash Flow
$2,236 income − $2,570 expenses = $334 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,729
Downpayment
20%
$54,980
Closing costs
1%
$2,749
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,236
Total Expenses
$2,570
Mortgage P&I
69%
$1,541
Property Taxes
7%
$167
Home Insurance
5%
$103
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246