This property looks like a bad Long-Term investment with a projected -3.84% first-year return on $30,345 initial cash invested.
-3.84%
Cash On Cash
6.19%
Cap Rate
0.96
DSCR
$1,275
Rent
-$97
Cashflow
Cash Flow
$1,275 income − $1,372 expenses = $97 out of pocket
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,345
Downpayment
20%
$28,900
Closing costs
1%
$1,445
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,275
Total Expenses
$1,372
Mortgage P&I
61%
$778
Property Taxes
17%
$211
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0