This property looks like a bad Mid-Term investment with a projected -1.85% first-year return on $46,140 initial cash invested.
-1.85%
Cash On Cash
6.57%
Cap Rate
0.99
DSCR
$1,666
Rent
-$71
Cashflow
Cash Flow
$1,666 income − $1,737 expenses = $71 out of pocket
Investment Breakdown
|
Purchase Price
$134k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,140
Downpayment
20%
$26,800
Closing costs
1%
$1,340
Rehab
0%
$0
Furnishing
13%
$18,000
Cashflow
Total Income
$1,666
Total Expenses
$1,737
Mortgage P&I
44%
$738
Property Taxes
8%
$135
Home Insurance
3%
$47
HOA
15%
$250
Property Management
12%
$200
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$183