This property looks like a bad Long-Term investment with a projected -3.87% first-year return on $31,290 initial cash invested.
-3.87%
Cash On Cash
6.37%
Cap Rate
0.95
DSCR
$1,095
Rent
-$101
Cashflow
Cash Flow
$1,095 income − $1,196 expenses = $101 out of pocket
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,095
Total Expenses
$1,196
Mortgage P&I
76%
$837
Property Taxes
2%
$21
Home Insurance
5%
$52
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0