This property looks like a bad Mid-Term investment with a projected -0.91% first-year return on $75,099 initial cash invested.
-0.91%
Cash On Cash
6.97%
Cap Rate
1.03
DSCR
$2,746
Rent
-$57
Cashflow
Cash Flow
$2,746 income − $2,803 expenses = $57 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,099
Downpayment
20%
$54,380
Closing costs
1%
$2,719
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,746
Total Expenses
$2,803
Mortgage P&I
56%
$1,527
Property Taxes
10%
$262
Home Insurance
3%
$80
HOA
0%
$0
Property Management
12%
$330
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302