This property looks like a bad Mid-Term investment with a projected -5.95% first-year return on $82,827 initial cash invested.
-5.95%
Cash On Cash
5.22%
Cap Rate
0.81
DSCR
$2,206
Rent
-$411
Cashflow
Cash Flow
$2,206 income − $2,617 expenses = $411 out of pocket
Investment Breakdown
|
Purchase Price
$309k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,827
Downpayment
20%
$61,740
Closing costs
1%
$3,087
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,206
Total Expenses
$2,617
Mortgage P&I
76%
$1,666
Property Taxes
4%
$89
Home Insurance
5%
$112
HOA
0%
$0
Property Management
12%
$265
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$243