This property looks like a bad Long-Term investment with a projected -1.36% first-year return on $32,592 initial cash invested.
-1.36%
Cash On Cash
7.12%
Cap Rate
1.05
DSCR
$1,541
Rent
-$37
Cashflow
Cash Flow
$1,541 income − $1,578 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,592
Downpayment
20%
$31,040
Closing costs
1%
$1,552
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,541
Total Expenses
$1,578
Mortgage P&I
57%
$881
Property Taxes
15%
$232
Home Insurance
3%
$52
HOA
1%
$13
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0