This property looks like a bad Long-Term investment with a projected -1.16% first-year return on $27,867 initial cash invested.
-1.16%
Cash On Cash
7%
Cap Rate
1.04
DSCR
$1,186
Rent
-$27
Cashflow
Cash Flow
$1,186 income − $1,213 expenses = $27 out of pocket
Investment Breakdown
|
Purchase Price
$133k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,867
Downpayment
20%
$26,540
Closing costs
1%
$1,327
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,186
Total Expenses
$1,213
Mortgage P&I
63%
$742
Property Taxes
6%
$70
Home Insurance
8%
$93
HOA
0%
$0
Property Management
10%
$119
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0