This property looks like a bad Mid-Term investment with a projected -0.89% first-year return on $58,299 initial cash invested.
-0.89%
Cash On Cash
6.88%
Cap Rate
1.03
DSCR
$1,752
Rent
-$43
Cashflow
Cash Flow
$1,752 income − $1,795 expenses = $43 out of pocket
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,299
Downpayment
20%
$38,380
Closing costs
1%
$1,919
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,752
Total Expenses
$1,795
Mortgage P&I
61%
$1,073
Property Taxes
3%
$59
Home Insurance
4%
$67
HOA
0%
$0
Property Management
12%
$210
CapEx
4%
$70
Vacancy
3%
$53
Maintenance
4%
$70
Other
11%
$193