This property looks like a bad Long-Term investment with a projected -2.86% first-year return on $31,500 initial cash invested.
-2.86%
Cash On Cash
6.34%
Cap Rate
0.99
DSCR
$1,307
Rent
-$75
Cashflow
Cash Flow
$1,307 income − $1,382 expenses = $75 out of pocket
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,307
Total Expenses
$1,382
Mortgage P&I
61%
$802
Property Taxes
14%
$189
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0