This property looks like a bad Long-Term investment with a projected -1.88% first-year return on $26,229 initial cash invested.
-1.88%
Cash On Cash
6.76%
Cap Rate
1.02
DSCR
$1,031
Rent
-$41
Cashflow
Cash Flow
$1,031 income − $1,072 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,031
Total Expenses
$1,072
Mortgage P&I
67%
$693
Property Taxes
6%
$66
Home Insurance
4%
$44
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$52
Vacancy
6%
$62
Maintenance
5%
$52
Other
0%
$0