This property looks like a bad Mid-Term investment with a projected -0.43% first-year return on $75,183 initial cash invested.
-0.43%
Cash On Cash
6.44%
Cap Rate
1.05
DSCR
$2,438
Rent
-$27
Cashflow
Cash Flow
$2,438 income − $2,465 expenses = $27 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,183
Downpayment
20%
$54,460
Closing costs
1%
$2,723
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,438
Total Expenses
$2,465
Mortgage P&I
57%
$1,390
Property Taxes
6%
$149
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$293
CapEx
4%
$98
Vacancy
3%
$73
Maintenance
4%
$98
Other
11%
$268