This property looks like a bad Mid-Term investment with a projected -1.37% first-year return on $73,608 initial cash invested.
-1.37%
Cash On Cash
6.2%
Cap Rate
1
DSCR
$2,234
Rent
-$84
Cashflow
Cash Flow
$2,234 income − $2,318 expenses = $84 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,608
Downpayment
20%
$52,960
Closing costs
1%
$2,648
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,234
Total Expenses
$2,318
Mortgage P&I
61%
$1,364
Property Taxes
5%
$102
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$268
CapEx
4%
$89
Vacancy
3%
$67
Maintenance
4%
$89
Other
11%
$246