This property looks like a bad Long-Term investment with a projected -0.5% first-year return on $19,299 initial cash invested.
-0.5%
Cash On Cash
7.25%
Cap Rate
1.07
DSCR
$897
Rent
-$8
Cashflow
Cash Flow
$897 income − $905 expenses = $8 out of pocket
Investment Breakdown
|
Purchase Price
$91,900
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$19,299
Downpayment
20%
$18,380
Closing costs
1%
$919
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$897
Total Expenses
$905
Mortgage P&I
58%
$518
Property Taxes
14%
$125
Home Insurance
3%
$28
HOA
0%
$0
Property Management
10%
$90
CapEx
5%
$45
Vacancy
6%
$54
Maintenance
5%
$45
Other
0%
$0