This property looks like a bad Long-Term investment with a projected -4.27% first-year return on $31,479 initial cash invested.
-4.27%
Cash On Cash
6.05%
Cap Rate
0.94
DSCR
$1,200
Rent
-$112
Cashflow
Cash Flow
$1,200 income − $1,312 expenses = $112 out of pocket
Investment Breakdown
|
Purchase Price
$150k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$31,479
Downpayment
20%
$29,980
Closing costs
1%
$1,499
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,200
Total Expenses
$1,312
Mortgage P&I
67%
$808
Property Taxes
12%
$140
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0