This property looks like a bad Long-Term investment with a projected -3.47% first-year return on $26,250 initial cash invested.
-3.47%
Cash On Cash
6.29%
Cap Rate
0.96
DSCR
$983
Rent
-$76
Cashflow
Cash Flow
$983 income − $1,059 expenses = $76 out of pocket
Investment Breakdown
|
Purchase Price
$125k
Downpayment
20.0%
Interest Rate
7.3%
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
$983
Total Expenses
$1,059
Mortgage P&I
69%
$682
Property Taxes
8%
$78
Home Insurance
4%
$44
HOA
0%
$0
Property Management
10%
$98
CapEx
5%
$49
Vacancy
6%
$59
Maintenance
5%
$49
Other
0%
$0