This property looks like a bad Mid-Term investment with a projected -0.75% first-year return on $52,755 initial cash invested.
-0.75%
Cash On Cash
6.95%
Cap Rate
1.04
DSCR
$1,725
Rent
-$33
Cashflow
Cash Flow
$1,725 income − $1,758 expenses = $33 out of pocket
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,755
Downpayment
20%
$33,100
Closing costs
1%
$1,655
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,725
Total Expenses
$1,758
Mortgage P&I
53%
$922
Property Taxes
11%
$189
Home Insurance
3%
$60
HOA
0%
$0
Property Management
12%
$207
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$190