This property looks like a bad Long-Term investment with a projected -0.96% first-year return on $32,340 initial cash invested.
-0.96%
Cash On Cash
7.04%
Cap Rate
1.07
DSCR
$1,631
Rent
-$26
Cashflow
Cash Flow
$1,631 income − $1,657 expenses = $26 out of pocket
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,340
Downpayment
20%
$30,800
Closing costs
1%
$1,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,631
Total Expenses
$1,657
Mortgage P&I
52%
$848
Property Taxes
20%
$330
Home Insurance
3%
$54
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0