This property looks like a bad Long-Term investment with a projected -4.01% first-year return on $31,710 initial cash invested.
-4.01%
Cash On Cash
6.3%
Cap Rate
0.95
DSCR
$1,291
Rent
-$106
Cashflow
Cash Flow
$1,291 income − $1,397 expenses = $106 out of pocket
Investment Breakdown
|
Purchase Price
$151k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,710
Downpayment
20%
$30,200
Closing costs
1%
$1,510
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,291
Total Expenses
$1,397
Mortgage P&I
65%
$834
Property Taxes
13%
$173
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$77
Maintenance
5%
$65
Other
0%
$0