This property looks like a bad Mid-Term investment with a projected -0.05% first-year return on $52,125 initial cash invested.
-0.05%
Cash On Cash
7.02%
Cap Rate
1.08
DSCR
$1,767
Rent
-$2
Cashflow
Cash Flow
$1,767 income − $1,769 expenses = $2 out of pocket
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,125
Downpayment
20%
$32,500
Closing costs
1%
$1,625
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,767
Total Expenses
$1,769
Mortgage P&I
50%
$881
Property Taxes
13%
$230
Home Insurance
3%
$57
HOA
0%
$0
Property Management
12%
$212
CapEx
4%
$71
Vacancy
3%
$53
Maintenance
4%
$71
Other
11%
$194