This property looks like a bad Mid-Term investment with a projected -5.73% first-year return on $72,201 initial cash invested.
-5.73%
Cash On Cash
5.44%
Cap Rate
0.82
DSCR
$2,182
Rent
-$345
Cashflow
Cash Flow
$2,182 income − $2,527 expenses = $345 out of pocket
Investment Breakdown
|
Purchase Price
$258k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$72,201
Downpayment
20%
$51,620
Closing costs
1%
$2,581
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,182
Total Expenses
$2,527
Mortgage P&I
65%
$1,428
Property Taxes
12%
$265
Home Insurance
4%
$93
HOA
0%
$0
Property Management
12%
$262
CapEx
4%
$87
Vacancy
3%
$65
Maintenance
4%
$87
Other
11%
$240