This property looks like a bad Long-Term investment with a projected -0.95% first-year return on $29,085 initial cash invested.
-0.95%
Cash On Cash
6.81%
Cap Rate
1.06
DSCR
$1,289
Rent
-$23
Cashflow
Cash Flow
$1,289 income − $1,312 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$139k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$29,085
Downpayment
20%
$27,700
Closing costs
1%
$1,385
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,289
Total Expenses
$1,312
Mortgage P&I
58%
$745
Property Taxes
14%
$175
Home Insurance
5%
$58
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0