This property looks like a bad Long-Term investment with a projected -0.94% first-year return on $29,358 initial cash invested.
-0.94%
Cash On Cash
7.12%
Cap Rate
1.06
DSCR
$1,407
Rent
-$23
Cashflow
Cash Flow
$1,407 income − $1,430 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$140k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,358
Downpayment
20%
$27,960
Closing costs
1%
$1,398
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,407
Total Expenses
$1,430
Mortgage P&I
56%
$782
Property Taxes
16%
$232
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$141
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0