This property looks like a bad Mid-Term investment with a projected -1.17% first-year return on $80,979 initial cash invested.
-1.17%
Cash On Cash
6.29%
Cap Rate
1.02
DSCR
$2,638
Rent
-$79
Cashflow
Cash Flow
$2,638 income − $2,717 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$300k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$80,979
Downpayment
20%
$59,980
Closing costs
1%
$2,999
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,638
Total Expenses
$2,717
Mortgage P&I
59%
$1,544
Property Taxes
6%
$170
Home Insurance
4%
$105
HOA
0%
$0
Property Management
12%
$317
CapEx
4%
$106
Vacancy
3%
$79
Maintenance
4%
$106
Other
11%
$290