This property looks like a bad Long-Term investment with a projected -0.26% first-year return on $18,438 initial cash invested.
-0.26%
Cash On Cash
7.05%
Cap Rate
1.07
DSCR
$766
Rent
-$4
Cashflow
Cash Flow
$766 income − $770 expenses = $4 out of pocket
Investment Breakdown
|
Purchase Price
$87,800
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$18,438
Downpayment
20%
$17,560
Closing costs
1%
$878
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$766
Total Expenses
$770
Mortgage P&I
63%
$482
Property Taxes
10%
$75
Home Insurance
2%
$14
HOA
0%
$0
Property Management
10%
$77
CapEx
5%
$38
Vacancy
6%
$46
Maintenance
5%
$38
Other
0%
$0