This property looks like a bad Long-Term investment with a projected -6.44% first-year return on $28,329 initial cash invested.
-6.44%
Cash On Cash
5.79%
Cap Rate
0.88
DSCR
$1,225
Rent
-$152
Cashflow
Cash Flow
$1,225 income − $1,377 expenses = $152 out of pocket
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,225
Total Expenses
$1,377
Mortgage P&I
61%
$742
Property Taxes
22%
$270
Home Insurance
4%
$47
HOA
0%
$0
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$74
Maintenance
5%
$61
Other
0%
$0