This property looks like a bad Mid-Term investment with a projected -4.16% first-year return on $75,540 initial cash invested.
-4.16%
Cash On Cash
5.76%
Cap Rate
0.9
DSCR
$2,956
Rent
-$262
Cashflow
Cash Flow
$2,956 income − $3,218 expenses = $262 out of pocket
Investment Breakdown
|
Purchase Price
$274k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,540
Downpayment
20%
$54,800
Closing costs
1%
$2,740
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,956
Total Expenses
$3,218
Mortgage P&I
49%
$1,459
Property Taxes
21%
$635
Home Insurance
4%
$119
HOA
0%
$0
Property Management
12%
$355
CapEx
4%
$118
Vacancy
3%
$89
Maintenance
4%
$118
Other
11%
$325