This property looks like a bad Long-Term investment with a projected -4.56% first-year return on $32,340 initial cash invested.
-4.56%
Cash On Cash
6.37%
Cap Rate
0.94
DSCR
$1,360
Rent
-$123
Cashflow
Cash Flow
$1,360 income − $1,483 expenses = $123 out of pocket
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,340
Downpayment
20%
$30,800
Closing costs
1%
$1,540
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,360
Total Expenses
$1,483
Mortgage P&I
64%
$873
Property Taxes
15%
$200
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0