This property looks like a bad Long-Term investment with a projected -0.22% first-year return on $27,279 initial cash invested.
-0.22%
Cash On Cash
7.28%
Cap Rate
1.07
DSCR
$1,095
Rent
-$5
Cashflow
Cash Flow
$1,095 income − $1,100 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$130k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$27,279
Downpayment
20%
$25,980
Closing costs
1%
$1,299
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,095
Total Expenses
$1,100
Mortgage P&I
67%
$738
Property Taxes
3%
$30
Home Insurance
4%
$46
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0