This property looks like a bad Mid-Term investment with a projected 0% first-year return on $54,372 initial cash invested.
0%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$1,875
Rent
$0
Cashflow
Cash Flow
$1,875 income − $1,875 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$54,372
Downpayment
20%
$34,640
Closing costs
1%
$1,732
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,875
Total Expenses
$1,875
Mortgage P&I
51%
$947
Property Taxes
12%
$228
Home Insurance
3%
$63
HOA
0%
$0
Property Management
12%
$225
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206