This property looks like a bad Mid-Term investment with a projected -0.86% first-year return on $58,929 initial cash invested.
-0.86%
Cash On Cash
7.01%
Cap Rate
1.03
DSCR
$1,786
Rent
-$42
Cashflow
Cash Flow
$1,786 income − $1,828 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$58,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
9%
$18,000
Cashflow
Total Income
$1,786
Total Expenses
$1,828
Mortgage P&I
62%
$1,110
Property Taxes
2%
$44
Home Insurance
4%
$68
HOA
0%
$0
Property Management
12%
$214
CapEx
4%
$71
Vacancy
3%
$54
Maintenance
4%
$71
Other
11%
$196