This property looks like a bad Long-Term investment with a projected -39.31% first-year return on $15,750 initial cash invested.
-39.31%
Cash On Cash
-2.03%
Cap Rate
-0.33
DSCR
$0
Rent
-$516
Cashflow
Cash Flow
$0 income − $516 expenses = $516 out of pocket
Investment Breakdown
|
Purchase Price
$75,000
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$15,750
Downpayment
20%
$15,000
Closing costs
1%
$750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$0
Total Expenses
$516
Mortgage P&I
3890000%
$389
Property Taxes
1010000%
$101
Home Insurance
260000%
$26
HOA
0%
$0
Property Management
0%
$0
CapEx
0%
$0
Vacancy
0%
$0
Maintenance
0%
$0
Other
0%
$0