This property looks like a bad Mid-Term investment with a projected -0.1% first-year return on $60,252 initial cash invested.
-0.1%
Cash On Cash
7%
Cap Rate
1.07
DSCR
$2,085
Rent
-$5
Cashflow
Cash Flow
$2,085 income − $2,090 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$60,252
Downpayment
20%
$40,240
Closing costs
1%
$2,012
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,085
Total Expenses
$2,090
Mortgage P&I
53%
$1,096
Property Taxes
10%
$209
Home Insurance
4%
$77
HOA
0%
$0
Property Management
12%
$250
CapEx
4%
$83
Vacancy
3%
$63
Maintenance
4%
$83
Other
11%
$229