This property looks like a bad Long-Term investment with a projected -1.42% first-year return on $30,450 initial cash invested.
-1.42%
Cash On Cash
7.09%
Cap Rate
1.05
DSCR
$1,494
Rent
-$36
Cashflow
Cash Flow
$1,494 income − $1,530 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,450
Downpayment
20%
$29,000
Closing costs
1%
$1,450
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,494
Total Expenses
$1,530
Mortgage P&I
55%
$818
Property Taxes
18%
$271
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0