This property looks like a bad Long-Term investment with a projected -5.44% first-year return on $30,450 initial cash invested.
-5.44%
Cash On Cash
5.93%
Cap Rate
0.9
DSCR
$1,074
Rent
-$138
Cashflow
Cash Flow
$1,074 income − $1,212 expenses = $138 out of pocket
Investment Breakdown
|
Purchase Price
$145k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,074
Total Expenses
$1,212
Mortgage P&I
75%
$801
Property Taxes
8%
$81
Home Insurance
5%
$51
HOA
0%
$0
Property Management
10%
$107
CapEx
5%
$54
Vacancy
6%
$64
Maintenance
5%
$54
Other
0%
$0