This property looks like a bad Long-Term investment with a projected -3.43% first-year return on $27,657 initial cash invested.
-3.43%
Cash On Cash
6.55%
Cap Rate
0.98
DSCR
$1,290
Rent
-$79
Cashflow
Cash Flow
$1,290 income − $1,369 expenses = $79 out of pocket
Investment Breakdown
|
Purchase Price
$132k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,657
Downpayment
20%
$26,340
Closing costs
1%
$1,317
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,290
Total Expenses
$1,369
Mortgage P&I
57%
$734
Property Taxes
20%
$252
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0