This property looks like a bad Long-Term investment with a projected -1.49% first-year return on $31,500 initial cash invested.
-1.49%
Cash On Cash
6.69%
Cap Rate
1.03
DSCR
$1,348
Rent
-$39
Cashflow
Cash Flow
$1,348 income − $1,387 expenses = $39 out of pocket
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,500
Downpayment
20%
$30,000
Closing costs
1%
$1,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,348
Total Expenses
$1,387
Mortgage P&I
60%
$808
Property Taxes
13%
$177
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0