This property looks like a bad Long-Term investment with a projected -7.67% first-year return on $30,366 initial cash invested.
-7.67%
Cash On Cash
5.55%
Cap Rate
0.83
DSCR
$1,182
Rent
-$194
Cashflow
Cash Flow
$1,182 income − $1,376 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,366
Downpayment
20%
$28,920
Closing costs
1%
$1,446
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,182
Total Expenses
$1,376
Mortgage P&I
68%
$804
Property Taxes
17%
$204
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0