This property looks like a bad Mid-Term investment with a projected -0.09% first-year return on $75,918 initial cash invested.
-0.09%
Cash On Cash
6.65%
Cap Rate
1.08
DSCR
$3,090
Rent
-$6
Cashflow
Cash Flow
$3,090 income − $3,096 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,918
Downpayment
20%
$55,160
Closing costs
1%
$2,758
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$3,090
Total Expenses
$3,096
Mortgage P&I
46%
$1,410
Property Taxes
17%
$537
Home Insurance
3%
$97
HOA
0%
$0
Property Management
12%
$371
CapEx
4%
$124
Vacancy
3%
$93
Maintenance
4%
$124
Other
11%
$340