This property looks like a bad Long-Term investment with a projected -2.18% first-year return on $29,190 initial cash invested.
-2.18%
Cash On Cash
6.48%
Cap Rate
1
DSCR
$1,127
Rent
-$53
Cashflow
Cash Flow
$1,127 income − $1,180 expenses = $53 out of pocket
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,190
Downpayment
20%
$27,800
Closing costs
1%
$1,390
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,127
Total Expenses
$1,180
Mortgage P&I
66%
$748
Property Taxes
8%
$90
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$113
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0