This property looks like a bad Mid-Term investment with a projected -0.67% first-year return on $75,120 initial cash invested.
-0.67%
Cash On Cash
6.87%
Cap Rate
1.05
DSCR
$2,744
Rent
-$42
Cashflow
Cash Flow
$2,744 income − $2,786 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$272k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$75,120
Downpayment
20%
$54,400
Closing costs
1%
$2,720
Rehab
0%
$0
Furnishing
7%
$18,000
Cashflow
Total Income
$2,744
Total Expenses
$2,786
Mortgage P&I
54%
$1,489
Property Taxes
10%
$268
Home Insurance
4%
$96
HOA
0%
$0
Property Management
12%
$329
CapEx
4%
$110
Vacancy
3%
$82
Maintenance
4%
$110
Other
11%
$302