This property looks like a bad Mid-Term investment with a projected -0.02% first-year return on $59,307 initial cash invested.
-0.02%
Cash On Cash
7.12%
Cap Rate
1.07
DSCR
$1,863
Rent
-$1
Cashflow
Cash Flow
$1,863 income − $1,864 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$59,307
Downpayment
20%
$39,340
Closing costs
1%
$1,967
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,863
Total Expenses
$1,864
Mortgage P&I
59%
$1,093
Property Taxes
4%
$66
Home Insurance
4%
$70
HOA
0%
$0
Property Management
12%
$224
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$205