This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $26,187 initial cash invested.
-8.94%
Cash On Cash
5.38%
Cap Rate
0.8
DSCR
$1,013
Rent
-$195
Cashflow
Cash Flow
$1,013 income − $1,208 expenses = $195 out of pocket
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,187
Downpayment
20%
$24,940
Closing costs
1%
$1,247
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,013
Total Expenses
$1,208
Mortgage P&I
69%
$703
Property Taxes
19%
$197
Home Insurance
4%
$44
HOA
0%
$0
Property Management
10%
$101
CapEx
5%
$51
Vacancy
6%
$61
Maintenance
5%
$51
Other
0%
$0