This property looks like a bad Mid-Term investment with a projected -6.79% first-year return on $49,983 initial cash invested.
-6.79%
Cash On Cash
4.9%
Cap Rate
0.73
DSCR
$1,272
Rent
-$283
Cashflow
Cash Flow
$1,272 income − $1,555 expenses = $283 out of pocket
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$49,983
Downpayment
20%
$30,460
Closing costs
1%
$1,523
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,272
Total Expenses
$1,555
Mortgage P&I
67%
$854
Property Taxes
9%
$120
Home Insurance
5%
$66
HOA
6%
$82
Property Management
12%
$153
CapEx
4%
$51
Vacancy
3%
$38
Maintenance
4%
$51
Other
11%
$140