This property looks like a bad Mid-Term investment with a projected -0.92% first-year return on $56,199 initial cash invested.
-0.92%
Cash On Cash
6.58%
Cap Rate
1.03
DSCR
$1,731
Rent
-$43
Cashflow
Cash Flow
$1,731 income − $1,774 expenses = $43 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,199
Downpayment
20%
$36,380
Closing costs
1%
$1,819
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,731
Total Expenses
$1,774
Mortgage P&I
56%
$971
Property Taxes
9%
$149
Home Insurance
4%
$66
HOA
0%
$0
Property Management
12%
$208
CapEx
4%
$69
Vacancy
3%
$52
Maintenance
4%
$69
Other
11%
$190