This property looks like a bad Long-Term investment with a projected -0.29% first-year return on $32,739 initial cash invested.
-0.29%
Cash On Cash
7.3%
Cap Rate
1.07
DSCR
$1,459
Rent
-$8
Cashflow
Cash Flow
$1,459 income − $1,467 expenses = $8 out of pocket
Investment Breakdown
|
Purchase Price
$156k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,739
Downpayment
20%
$31,180
Closing costs
1%
$1,559
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,459
Total Expenses
$1,467
Mortgage P&I
61%
$884
Property Taxes
10%
$148
Home Insurance
4%
$55
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0