This property looks like a bad Long-Term investment with a projected -5.3% first-year return on $32,172 initial cash invested.
-5.3%
Cash On Cash
6.09%
Cap Rate
0.9
DSCR
$1,202
Rent
-$142
Cashflow
Cash Flow
$1,202 income − $1,344 expenses = $142 out of pocket
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,172
Downpayment
20%
$30,640
Closing costs
1%
$1,532
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,202
Total Expenses
$1,344
Mortgage P&I
72%
$860
Property Taxes
9%
$104
Home Insurance
6%
$68
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0