This property looks like a bad Mid-Term investment with a projected -0.11% first-year return on $75,771 initial cash invested.
-0.11%
Cash On Cash
7.11%
Cap Rate
1.07
DSCR
$2,763
Rent
-$7
Cashflow
Cash Flow
$2,763 income − $2,770 expenses = $7 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,771
Downpayment
20%
$55,020
Closing costs
1%
$2,751
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,763
Total Expenses
$2,770
Mortgage P&I
55%
$1,525
Property Taxes
4%
$119
Home Insurance
4%
$100
HOA
3%
$85
Property Management
12%
$332
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$304