This property looks like a bad Long-Term investment with a projected 0% first-year return on $28,329 initial cash invested.
0%
Cash On Cash
6.79%
Cap Rate
1.09
DSCR
$1,208
Rent
$0
Cashflow
Cash Flow
$1,208 income − $1,208 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$135k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$28,329
Downpayment
20%
$26,980
Closing costs
1%
$1,349
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,208
Total Expenses
$1,208
Mortgage P&I
58%
$703
Property Taxes
12%
$145
Home Insurance
4%
$47
HOA
0%
$0
Property Management
10%
$121
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0