This property looks like a bad Mid-Term investment with a projected -5.94% first-year return on $67,266 initial cash invested.
-5.94%
Cash On Cash
5.49%
Cap Rate
0.81
DSCR
$1,964
Rent
-$333
Cashflow
Cash Flow
$1,964 income − $2,297 expenses = $333 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,266
Downpayment
20%
$46,920
Closing costs
1%
$2,346
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$1,964
Total Expenses
$2,297
Mortgage P&I
68%
$1,328
Property Taxes
11%
$216
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$236
CapEx
4%
$79
Vacancy
3%
$59
Maintenance
4%
$79
Other
11%
$216