This property looks like a bad Mid-Term investment with a projected -1.61% first-year return on $58,908 initial cash invested.
-1.61%
Cash On Cash
6.54%
Cap Rate
1
DSCR
$2,073
Rent
-$79
Cashflow
Cash Flow
$2,073 income − $2,152 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,908
Downpayment
20%
$38,960
Closing costs
1%
$1,948
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,073
Total Expenses
$2,152
Mortgage P&I
51%
$1,057
Property Taxes
15%
$320
Home Insurance
3%
$70
HOA
0%
$0
Property Management
12%
$249
CapEx
4%
$83
Vacancy
3%
$62
Maintenance
4%
$83
Other
11%
$228