This property looks like a bad Long-Term investment with a projected -15.67% first-year return on $31,395 initial cash invested.
-15.67%
Cash On Cash
3.91%
Cap Rate
0.58
DSCR
$1,024
Rent
-$410
Cashflow
Cash Flow
$1,024 income − $1,434 expenses = $410 out of pocket
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,395
Downpayment
20%
$29,900
Closing costs
1%
$1,495
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,024
Total Expenses
$1,434
Mortgage P&I
83%
$846
Property Taxes
26%
$269
Home Insurance
5%
$54
HOA
0%
$0
Property Management
10%
$102
CapEx
5%
$51
Vacancy
6%
$61
Maintenance
5%
$51
Other
0%
$0