This property looks like a bad Mid-Term investment with a projected -8.89% first-year return on $72,642 initial cash invested.
-8.89%
Cash On Cash
4.01%
Cap Rate
0.65
DSCR
$1,648
Rent
-$538
Cashflow
Cash Flow
$1,648 income − $2,186 expenses = $538 out of pocket
Investment Breakdown
|
Purchase Price
$260k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,642
Downpayment
20%
$52,040
Closing costs
1%
$2,602
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$1,648
Total Expenses
$2,186
Mortgage P&I
81%
$1,341
Property Taxes
12%
$191
Home Insurance
6%
$94
HOA
0%
$0
Property Management
12%
$198
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181