This property looks like a bad Long-Term investment with a projected -10.47% first-year return on $27,279 initial cash invested.
-10.47%
Cash On Cash
4.92%
Cap Rate
0.73
DSCR
$825
Rent
-$238
Cashflow
Cash Flow
$825 income − $1,063 expenses = $238 out of pocket
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$825
Total Expenses
$1,063
Mortgage P&I
88%
$730
Property Taxes
9%
$73
Home Insurance
6%
$46
HOA
0%
$0
Property Management
10%
$82
CapEx
5%
$41
Vacancy
6%
$50
Maintenance
5%
$41
Other
0%
$0