This property looks like a bad Mid-Term investment with a projected -0.87% first-year return on $45,279 initial cash invested.
-0.87%
Cash On Cash
6.9%
Cap Rate
1.02
DSCR
$1,238
Rent
-$33
Cashflow
Cash Flow
$1,238 income − $1,271 expenses = $33 out of pocket
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
14%
$18,000
Cashflow
Total Income
$1,238
Total Expenses
$1,271
Mortgage P&I
59%
$730
Property Taxes
6%
$73
Home Insurance
4%
$46
HOA
0%
$0
Property Management
12%
$149
CapEx
4%
$50
Vacancy
3%
$37
Maintenance
4%
$50
Other
11%
$136