This property looks like a bad Long-Term investment with a projected -0.5% first-year return on $26,250 initial cash invested.
-0.5%
Cash On Cash
7.27%
Cap Rate
1.09
DSCR
$1,489
Rent
-$11
Cashflow
Cash Flow
$1,489 income − $1,500 expenses = $11 out of pocket
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$26,250
Downpayment
20%
$25,000
Closing costs
1%
$1,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,489
Total Expenses
$1,500
Mortgage P&I
47%
$694
Property Taxes
25%
$376
Home Insurance
3%
$44
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0