This property looks like a bad Long-Term investment with a projected -0.76% first-year return on $31,479 initial cash invested.
-0.76%
Cash On Cash
6.8%
Cap Rate
1.05
DSCR
$1,196
Rent
-$20
Cashflow
Cash Flow
$1,196 income − $1,216 expenses = $20 out of pocket
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,196
Total Expenses
$1,216
Mortgage P&I
68%
$810
Property Taxes
4%
$42
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0