This property looks like a bad Long-Term investment with a projected -7.27% first-year return on $30,870 initial cash invested.
-7.27%
Cash On Cash
5.16%
Cap Rate
0.82
DSCR
$965
Rent
-$187
Cashflow
Cash Flow
$965 income − $1,152 expenses = $187 out of pocket
Investment Breakdown
|
Purchase Price
$147k
Downpayment
20.0%
Interest Rate
6.9%
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
$965
Total Expenses
$1,152
Mortgage P&I
80%
$771
Property Taxes
8%
$80
Home Insurance
5%
$51
HOA
0%
$0
Property Management
10%
$96
CapEx
5%
$48
Vacancy
6%
$58
Maintenance
5%
$48
Other
0%
$0