This property looks like a bad Mid-Term investment with a projected -1.63% first-year return on $55,905 initial cash invested.
-1.63%
Cash On Cash
6.79%
Cap Rate
1
DSCR
$1,918
Rent
-$76
Cashflow
Cash Flow
$1,918 income − $1,994 expenses = $76 out of pocket
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,905
Downpayment
20%
$36,100
Closing costs
1%
$1,805
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,918
Total Expenses
$1,994
Mortgage P&I
53%
$1,020
Property Taxes
13%
$258
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211