This property looks like a bad Mid-Term investment with a projected -0.02% first-year return on $68,190 initial cash invested.
-0.02%
Cash On Cash
6.89%
Cap Rate
1.07
DSCR
$2,284
Rent
-$1
Cashflow
Cash Flow
$2,284 income − $2,285 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,190
Downpayment
20%
$47,800
Closing costs
1%
$2,390
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$2,285
Mortgage P&I
56%
$1,283
Property Taxes
6%
$142
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251