This property looks like a bad Long-Term investment with a projected -7.6% first-year return on $20,055 initial cash invested.
-7.6%
Cash On Cash
5.69%
Cap Rate
0.85
DSCR
$917
Rent
-$127
Cashflow
Cash Flow
$917 income − $1,044 expenses = $127 out of pocket
Investment Breakdown
|
Purchase Price
$95,500
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$20,055
Downpayment
20%
$19,100
Closing costs
1%
$955
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$917
Total Expenses
$1,044
Mortgage P&I
58%
$534
Property Taxes
22%
$203
Home Insurance
7%
$68
HOA
0%
$0
Property Management
10%
$92
CapEx
5%
$46
Vacancy
6%
$55
Maintenance
5%
$46
Other
0%
$0