This property looks like a bad Long-Term investment with a projected -0.43% first-year return on $30,366 initial cash invested.
-0.43%
Cash On Cash
7.23%
Cap Rate
1.07
DSCR
$1,381
Rent
-$11
Cashflow
Cash Flow
$1,381 income − $1,392 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,366
Downpayment
20%
$28,920
Closing costs
1%
$1,446
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,381
Total Expenses
$1,392
Mortgage P&I
59%
$813
Property Taxes
12%
$164
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0