This property looks like a bad Mid-Term investment with a projected -0.09% first-year return on $52,356 initial cash invested.
-0.09%
Cash On Cash
6.73%
Cap Rate
1.07
DSCR
$1,642
Rent
-$4
Cashflow
Cash Flow
$1,642 income − $1,646 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$52,356
Downpayment
20%
$32,720
Closing costs
1%
$1,636
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,642
Total Expenses
$1,646
Mortgage P&I
52%
$855
Property Taxes
11%
$176
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$197
CapEx
4%
$66
Vacancy
3%
$49
Maintenance
4%
$66
Other
11%
$181