This property looks like a bad Long-Term investment with a projected -0.97% first-year return on $32,109 initial cash invested.
-0.97%
Cash On Cash
7.13%
Cap Rate
1.05
DSCR
$1,356
Rent
-$26
Cashflow
Cash Flow
$1,356 income − $1,382 expenses = $26 out of pocket
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,109
Downpayment
20%
$30,580
Closing costs
1%
$1,529
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,356
Total Expenses
$1,382
Mortgage P&I
64%
$866
Property Taxes
6%
$81
Home Insurance
6%
$82
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0