This property looks like a bad Mid-Term investment with a projected -0.42% first-year return on $68,169 initial cash invested.
-0.42%
Cash On Cash
6.93%
Cap Rate
1.06
DSCR
$2,526
Rent
-$24
Cashflow
Cash Flow
$2,526 income − $2,550 expenses = $24 out of pocket
Investment Breakdown
|
Purchase Price
$239k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$68,169
Downpayment
20%
$47,780
Closing costs
1%
$2,389
Rehab
0%
$0
Furnishing
8%
$18,000
Cashflow
Total Income
$2,526
Total Expenses
$2,550
Mortgage P&I
52%
$1,302
Property Taxes
12%
$305
Home Insurance
3%
$84
HOA
0%
$0
Property Management
12%
$303
CapEx
4%
$101
Vacancy
3%
$76
Maintenance
4%
$101
Other
11%
$278