This property looks like a bad Mid-Term investment with a projected -0.18% first-year return on $74,574 initial cash invested.
-0.18%
Cash On Cash
6.99%
Cap Rate
1.07
DSCR
$2,776
Rent
-$11
Cashflow
Cash Flow
$2,776 income − $2,787 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$269k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,574
Downpayment
20%
$53,880
Closing costs
1%
$2,694
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,776
Total Expenses
$2,787
Mortgage P&I
53%
$1,469
Property Taxes
10%
$281
Home Insurance
3%
$94
HOA
0%
$0
Property Management
12%
$333
CapEx
4%
$111
Vacancy
3%
$83
Maintenance
4%
$111
Other
11%
$305