This property looks like a bad Long-Term investment with a projected -1.81% first-year return on $27,195 initial cash invested.
-1.81%
Cash On Cash
6.84%
Cap Rate
1.02
DSCR
$1,095
Rent
-$41
Cashflow
Cash Flow
$1,095 income − $1,136 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,195
Downpayment
20%
$25,900
Closing costs
1%
$1,295
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,095
Total Expenses
$1,136
Mortgage P&I
66%
$724
Property Taxes
6%
$66
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0