This property looks like a bad Mid-Term investment with a projected -0.11% first-year return on $75,225 initial cash invested.
-0.11%
Cash On Cash
7.2%
Cap Rate
1.07
DSCR
$2,865
Rent
-$7
Cashflow
Cash Flow
$2,865 income − $2,872 expenses = $7 out of pocket
Investment Breakdown
|
Purchase Price
$273k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,225
Downpayment
20%
$54,500
Closing costs
1%
$2,725
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,865
Total Expenses
$2,872
Mortgage P&I
53%
$1,528
Property Taxes
10%
$273
Home Insurance
3%
$96
HOA
0%
$0
Property Management
12%
$344
CapEx
4%
$115
Vacancy
3%
$86
Maintenance
4%
$115
Other
11%
$315