This property looks like a bad Long-Term investment with a projected -0.19% first-year return on $32,361 initial cash invested.
-0.19%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$1,265
Rent
-$5
Cashflow
Cash Flow
$1,265 income − $1,270 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$154k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,361
Downpayment
20%
$30,820
Closing costs
1%
$1,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,265
Total Expenses
$1,270
Mortgage P&I
67%
$851
Property Taxes
3%
$43
Home Insurance
4%
$48
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0