This property looks like a bad Mid-Term investment with a projected -0.45% first-year return on $56,136 initial cash invested.
-0.45%
Cash On Cash
7.09%
Cap Rate
1.05
DSCR
$1,869
Rent
-$21
Cashflow
Cash Flow
$1,869 income − $1,890 expenses = $21 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,136
Downpayment
20%
$36,320
Closing costs
1%
$1,816
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$1,869
Total Expenses
$1,890
Mortgage P&I
55%
$1,019
Property Taxes
9%
$170
Home Insurance
3%
$65
HOA
0%
$0
Property Management
12%
$224
CapEx
4%
$75
Vacancy
3%
$56
Maintenance
4%
$75
Other
11%
$206