This property looks like a bad Mid-Term investment with a projected -0.32% first-year return on $55,464 initial cash invested.
-0.32%
Cash On Cash
7.1%
Cap Rate
1.06
DSCR
$1,920
Rent
-$15
Cashflow
Cash Flow
$1,920 income − $1,935 expenses = $15 out of pocket
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,464
Downpayment
20%
$35,680
Closing costs
1%
$1,784
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,920
Total Expenses
$1,935
Mortgage P&I
52%
$993
Property Taxes
12%
$233
Home Insurance
3%
$56
HOA
0%
$0
Property Management
12%
$230
CapEx
4%
$77
Vacancy
3%
$58
Maintenance
4%
$77
Other
11%
$211