This property looks like a bad Mid-Term investment with a projected -1.93% first-year return on $67,749 initial cash invested.
-1.93%
Cash On Cash
6.77%
Cap Rate
1
DSCR
$2,590
Rent
-$109
Cashflow
Cash Flow
$2,590 income − $2,699 expenses = $109 out of pocket
Investment Breakdown
|
Purchase Price
$237k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,749
Downpayment
20%
$47,380
Closing costs
1%
$2,369
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,590
Total Expenses
$2,699
Mortgage P&I
52%
$1,341
Property Taxes
15%
$385
Home Insurance
3%
$83
HOA
0%
$8
Property Management
12%
$311
CapEx
4%
$104
Vacancy
3%
$78
Maintenance
4%
$104
Other
11%
$285