This property looks like a bad Long-Term investment with a projected -0.59% first-year return on $30,429 initial cash invested.
-0.59%
Cash On Cash
7.06%
Cap Rate
1.07
DSCR
$1,395
Rent
-$15
Cashflow
Cash Flow
$1,395 income − $1,410 expenses = $15 out of pocket
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$30,429
Downpayment
20%
$28,980
Closing costs
1%
$1,449
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,395
Total Expenses
$1,410
Mortgage P&I
57%
$798
Property Taxes
14%
$197
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0