This property looks like a bad Mid-Term investment with a projected -0.57% first-year return on $75,939 initial cash invested.
-0.57%
Cash On Cash
6.84%
Cap Rate
1.05
DSCR
$2,682
Rent
-$36
Cashflow
Cash Flow
$2,682 income − $2,718 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$276k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,939
Downpayment
20%
$55,180
Closing costs
1%
$2,759
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,682
Total Expenses
$2,718
Mortgage P&I
56%
$1,502
Property Taxes
8%
$209
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$80
Maintenance
4%
$107
Other
11%
$295