This property looks like a bad Mid-Term investment with a projected -0.18% first-year return on $74,679 initial cash invested.
-0.18%
Cash On Cash
7.05%
Cap Rate
1.06
DSCR
$2,684
Rent
-$11
Cashflow
Cash Flow
$2,684 income − $2,695 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$270k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$74,679
Downpayment
20%
$53,980
Closing costs
1%
$2,699
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,684
Total Expenses
$2,695
Mortgage P&I
56%
$1,490
Property Taxes
7%
$197
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$322
CapEx
4%
$107
Vacancy
3%
$81
Maintenance
4%
$107
Other
11%
$295