This property looks like a bad Long-Term investment with a projected -4.86% first-year return on $30,870 initial cash invested.
-4.86%
Cash On Cash
6.29%
Cap Rate
0.93
DSCR
$1,310
Rent
-$125
Cashflow
Cash Flow
$1,310 income − $1,435 expenses = $125 out of pocket
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,870
Downpayment
20%
$29,400
Closing costs
1%
$1,470
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,310
Total Expenses
$1,435
Mortgage P&I
63%
$829
Property Taxes
16%
$203
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0