This property looks like a bad Mid-Term investment with a projected -1.36% first-year return on $59,328 initial cash invested.
-1.36%
Cash On Cash
6.85%
Cap Rate
1
DSCR
$1,791
Rent
-$67
Cashflow
Cash Flow
$1,791 income − $1,858 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,328
Downpayment
20%
$39,360
Closing costs
1%
$1,968
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,791
Total Expenses
$1,858
Mortgage P&I
62%
$1,118
Property Taxes
3%
$60
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$215
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$197