This property looks like a bad Long-Term investment with a projected 0% first-year return on $36,750 initial cash invested.
0%
Cash On Cash
7.19%
Cap Rate
1.08
DSCR
$1,500
Rent
$0
Cashflow
Cash Flow
$1,500 income − $1,500 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,500
Total Expenses
$1,500
Mortgage P&I
65%
$973
Property Taxes
5%
$76
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0