This property looks like a bad Long-Term investment with a projected -4.29% first-year return on $32,445 initial cash invested.
-4.29%
Cash On Cash
6.36%
Cap Rate
0.94
DSCR
$1,216
Rent
-$116
Cashflow
Cash Flow
$1,216 income − $1,332 expenses = $116 out of pocket
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,445
Downpayment
20%
$30,900
Closing costs
1%
$1,545
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,216
Total Expenses
$1,332
Mortgage P&I
72%
$874
Property Taxes
6%
$77
Home Insurance
5%
$56
HOA
1%
$8
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0