This property looks like a bad Mid-Term investment with a projected -9.34% first-year return on $73,650 initial cash invested.
-9.34%
Cash On Cash
4.38%
Cap Rate
0.66
DSCR
$1,592
Rent
-$573
Cashflow
Cash Flow
$1,592 income − $2,165 expenses = $573 out of pocket
Investment Breakdown
|
Purchase Price
$265k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$73,650
Downpayment
20%
$53,000
Closing costs
1%
$2,650
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,592
Total Expenses
$2,165
Mortgage P&I
93%
$1,476
Property Taxes
3%
$54
Home Insurance
6%
$93
HOA
0%
$0
Property Management
12%
$191
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$175