This property looks like a bad Long-Term investment with a projected -5.27% first-year return on $32,130 initial cash invested.
-5.27%
Cash On Cash
5.98%
Cap Rate
0.92
DSCR
$1,437
Rent
-$141
Cashflow
Cash Flow
$1,437 income − $1,578 expenses = $141 out of pocket
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,130
Downpayment
20%
$30,600
Closing costs
1%
$1,530
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,437
Total Expenses
$1,578
Mortgage P&I
58%
$831
Property Taxes
22%
$321
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0