This property looks like a bad Mid-Term investment with a projected -11.35% first-year return on $70,395 initial cash invested.
-11.35%
Cash On Cash
3.6%
Cap Rate
0.55
DSCR
$1,510
Rent
-$666
Cashflow
Cash Flow
$1,510 income − $2,176 expenses = $666 out of pocket
Investment Breakdown
|
Purchase Price
$250k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$70,395
Downpayment
20%
$49,900
Closing costs
1%
$2,495
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,510
Total Expenses
$2,176
Mortgage P&I
90%
$1,354
Property Taxes
15%
$223
Home Insurance
6%
$87
HOA
0%
$0
Property Management
12%
$181
CapEx
4%
$60
Vacancy
3%
$45
Maintenance
4%
$60
Other
11%
$166