This property looks like a bad Long-Term investment with a projected -8.37% first-year return on $30,828 initial cash invested.
-8.37%
Cash On Cash
5.39%
Cap Rate
0.81
DSCR
$1,210
Rent
-$215
Cashflow
Cash Flow
$1,210 income − $1,425 expenses = $215 out of pocket
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,828
Downpayment
20%
$29,360
Closing costs
1%
$1,468
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,210
Total Expenses
$1,425
Mortgage P&I
67%
$814
Property Taxes
18%
$220
Home Insurance
6%
$77
HOA
0%
$0
Property Management
10%
$121
CapEx
5%
$60
Vacancy
6%
$73
Maintenance
5%
$60
Other
0%
$0