This property looks like a bad Mid-Term investment with a projected -0.14% first-year return on $67,287 initial cash invested.
-0.14%
Cash On Cash
7.06%
Cap Rate
1.06
DSCR
$2,284
Rent
-$8
Cashflow
Cash Flow
$2,284 income − $2,292 expenses = $8 out of pocket
Investment Breakdown
|
Purchase Price
$235k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$67,287
Downpayment
20%
$46,940
Closing costs
1%
$2,347
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,284
Total Expenses
$2,292
Mortgage P&I
57%
$1,297
Property Taxes
6%
$135
Home Insurance
4%
$84
HOA
0%
$0
Property Management
12%
$274
CapEx
4%
$91
Vacancy
3%
$69
Maintenance
4%
$91
Other
11%
$251