This property looks like a bad Mid-Term investment with a projected -1.76% first-year return on $58,677 initial cash invested.
-1.76%
Cash On Cash
6.57%
Cap Rate
1
DSCR
$2,192
Rent
-$86
Cashflow
Cash Flow
$2,192 income − $2,278 expenses = $86 out of pocket
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,677
Downpayment
20%
$38,740
Closing costs
1%
$1,937
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$2,192
Total Expenses
$2,278
Mortgage P&I
48%
$1,059
Property Taxes
13%
$287
Home Insurance
4%
$88
HOA
4%
$98
Property Management
12%
$263
CapEx
4%
$88
Vacancy
3%
$66
Maintenance
4%
$88
Other
11%
$241