This property looks like a bad Mid-Term investment with a projected -0.12% first-year return on $51,873 initial cash invested.
-0.12%
Cash On Cash
7.02%
Cap Rate
1.08
DSCR
$1,774
Rent
-$5
Cashflow
Cash Flow
$1,774 income − $1,779 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$51,873
Downpayment
20%
$32,260
Closing costs
1%
$1,613
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,774
Total Expenses
$1,779
Mortgage P&I
49%
$878
Property Taxes
13%
$239
Home Insurance
3%
$59
HOA
0%
$0
Property Management
12%
$213
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$195