This property looks like a bad Mid-Term investment with a projected -1.63% first-year return on $46,518 initial cash invested.
-1.63%
Cash On Cash
6.34%
Cap Rate
1
DSCR
$1,592
Rent
-$63
Cashflow
Cash Flow
$1,592 income − $1,655 expenses = $63 out of pocket
Investment Breakdown
|
Purchase Price
$136k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,518
Downpayment
20%
$27,160
Closing costs
1%
$1,358
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,592
Total Expenses
$1,655
Mortgage P&I
45%
$716
Property Taxes
23%
$367
Home Insurance
2%
$30
HOA
0%
$0
Property Management
12%
$191
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$175