This property looks like a bad Long-Term investment with a projected -3.89% first-year return on $30,261 initial cash invested.
-3.89%
Cash On Cash
6.37%
Cap Rate
0.95
DSCR
$1,219
Rent
-$98
Cashflow
Cash Flow
$1,219 income − $1,317 expenses = $98 out of pocket
Investment Breakdown
|
Purchase Price
$144k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,261
Downpayment
20%
$28,820
Closing costs
1%
$1,441
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,219
Total Expenses
$1,317
Mortgage P&I
66%
$802
Property Taxes
13%
$158
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0