This property looks like a bad Long-Term investment with a projected -3.88% first-year return on $32,466 initial cash invested.
-3.88%
Cash On Cash
6.41%
Cap Rate
0.95
DSCR
$1,179
Rent
-$105
Cashflow
Cash Flow
$1,179 income − $1,284 expenses = $105 out of pocket
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,466
Downpayment
20%
$30,920
Closing costs
1%
$1,546
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,179
Total Expenses
$1,284
Mortgage P&I
74%
$872
Property Taxes
5%
$53
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0