This property looks like a bad Long-Term investment with a projected -10.81% first-year return on $32,529 initial cash invested.
-10.81%
Cash On Cash
4.64%
Cap Rate
0.71
DSCR
$1,027
Rent
-$293
Cashflow
Cash Flow
$1,027 income − $1,320 expenses = $293 out of pocket
Investment Breakdown
|
Purchase Price
$155k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,529
Downpayment
20%
$30,980
Closing costs
1%
$1,549
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,027
Total Expenses
$1,320
Mortgage P&I
82%
$841
Property Taxes
15%
$158
Home Insurance
5%
$54
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$51
Vacancy
6%
$62
Maintenance
5%
$51
Other
0%
$0