This property looks like a bad Mid-Term investment with a projected -7.91% first-year return on $82,260 initial cash invested.
-7.91%
Cash On Cash
4.87%
Cap Rate
0.73
DSCR
$2,126
Rent
-$542
Cashflow
Cash Flow
$2,126 income − $2,668 expenses = $542 out of pocket
Investment Breakdown
|
Purchase Price
$306k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$82,260
Downpayment
20%
$61,200
Closing costs
1%
$3,060
Rehab
0%
$0
Furnishing
6%
$18,000
Cashflow
Total Income
$2,126
Total Expenses
$2,668
Mortgage P&I
80%
$1,698
Property Taxes
7%
$140
Home Insurance
5%
$107
HOA
0%
$0
Property Management
12%
$255
CapEx
4%
$85
Vacancy
3%
$64
Maintenance
4%
$85
Other
11%
$234