This property looks like a bad Long-Term investment with a projected -0.26% first-year return on $31,899 initial cash invested.
-0.26%
Cash On Cash
7.35%
Cap Rate
1.07
DSCR
$1,325
Rent
-$7
Cashflow
Cash Flow
$1,325 income − $1,332 expenses = $7 out of pocket
Investment Breakdown
|
Purchase Price
$152k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,899
Downpayment
20%
$30,380
Closing costs
1%
$1,519
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,325
Total Expenses
$1,332
Mortgage P&I
66%
$872
Property Taxes
4%
$56
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0