This property looks like a bad Long-Term investment with a projected -0.23% first-year return on $31,290 initial cash invested.
-0.23%
Cash On Cash
6.85%
Cap Rate
1.07
DSCR
$1,205
Rent
-$6
Cashflow
Cash Flow
$1,205 income − $1,211 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$149k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,290
Downpayment
20%
$29,800
Closing costs
1%
$1,490
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,205
Total Expenses
$1,211
Mortgage P&I
66%
$796
Property Taxes
4%
$51
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0