This property looks like a bad Mid-Term investment with a projected -0.88% first-year return on $50,529 initial cash invested.
-0.88%
Cash On Cash
6.71%
Cap Rate
1.03
DSCR
$1,540
Rent
-$37
Cashflow
Cash Flow
$1,540 income − $1,577 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$50,529
Downpayment
20%
$30,980
Closing costs
1%
$1,549
Rehab
0%
$0
Furnishing
12%
$18,000
Cashflow
Total Income
$1,540
Total Expenses
$1,577
Mortgage P&I
55%
$841
Property Taxes
10%
$158
Home Insurance
4%
$54
HOA
0%
$0
Property Management
12%
$185
CapEx
4%
$62
Vacancy
3%
$46
Maintenance
4%
$62
Other
11%
$169