This property looks like a bad Long-Term investment with a projected -4.21% first-year return on $26,229 initial cash invested.
-4.21%
Cash On Cash
6.3%
Cap Rate
0.96
DSCR
$1,285
Rent
-$92
Cashflow
Cash Flow
$1,285 income − $1,377 expenses = $92 out of pocket
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,229
Downpayment
20%
$24,980
Closing costs
1%
$1,249
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,285
Total Expenses
$1,377
Mortgage P&I
53%
$684
Property Taxes
25%
$316
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0