This property looks like a bad Long-Term investment with a projected -0.89% first-year return on $30,891 initial cash invested.
-0.89%
Cash On Cash
6.95%
Cap Rate
1.05
DSCR
$1,317
Rent
-$23
Cashflow
Cash Flow
$1,317 income − $1,340 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,891
Downpayment
20%
$29,420
Closing costs
1%
$1,471
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,317
Total Expenses
$1,340
Mortgage P&I
61%
$809
Property Taxes
10%
$136
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0