This property looks like a bad Mid-Term investment with a projected -0.11% first-year return on $55,779 initial cash invested.
-0.11%
Cash On Cash
7.04%
Cap Rate
1.07
DSCR
$1,809
Rent
-$5
Cashflow
Cash Flow
$1,809 income − $1,814 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$55,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,809
Total Expenses
$1,814
Mortgage P&I
55%
$988
Property Taxes
8%
$149
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$217
CapEx
4%
$72
Vacancy
3%
$54
Maintenance
4%
$72
Other
11%
$199