This property looks like a bad Mid-Term investment with a projected -3.41% first-year return on $53,175 initial cash invested.
-3.41%
Cash On Cash
6%
Cap Rate
0.9
DSCR
$1,482
Rent
-$151
Cashflow
Cash Flow
$1,482 income − $1,633 expenses = $151 out of pocket
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,175
Downpayment
20%
$33,500
Closing costs
1%
$1,675
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,482
Total Expenses
$1,633
Mortgage P&I
63%
$929
Property Taxes
10%
$143
Home Insurance
4%
$58
HOA
0%
$0
Property Management
12%
$178
CapEx
4%
$59
Vacancy
3%
$44
Maintenance
4%
$59
Other
11%
$163