This property looks like a bad Long-Term investment with a projected -5.76% first-year return on $27,300 initial cash invested.
-5.76%
Cash On Cash
5.46%
Cap Rate
0.87
DSCR
$876
Rent
-$131
Cashflow
Cash Flow
$876 income − $1,007 expenses = $131 out of pocket
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,300
Downpayment
20%
$26,000
Closing costs
1%
$1,300
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$876
Total Expenses
$1,007
Mortgage P&I
78%
$679
Property Taxes
6%
$53
Home Insurance
5%
$46
HOA
0%
$0
Property Management
10%
$88
CapEx
5%
$44
Vacancy
6%
$53
Maintenance
5%
$44
Other
0%
$0