This property looks like a bad Mid-Term investment with a projected -5.99% first-year return on $75,750 initial cash invested.
-5.99%
Cash On Cash
5.45%
Cap Rate
0.81
DSCR
$2,108
Rent
-$378
Cashflow
Cash Flow
$2,108 income − $2,486 expenses = $378 out of pocket
Investment Breakdown
|
Purchase Price
$275k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,750
Downpayment
20%
$55,000
Closing costs
1%
$2,750
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,108
Total Expenses
$2,486
Mortgage P&I
73%
$1,542
Property Taxes
6%
$132
Home Insurance
5%
$96
HOA
0%
$0
Property Management
12%
$253
CapEx
4%
$84
Vacancy
3%
$63
Maintenance
4%
$84
Other
11%
$232