This property looks like a bad Long-Term investment with a projected -15.18% first-year return on $32,172 initial cash invested.
-15.18%
Cash On Cash
4.01%
Cap Rate
0.59
DSCR
$1,033
Rent
-$407
Cashflow
Cash Flow
$1,033 income − $1,440 expenses = $407 out of pocket
Investment Breakdown
|
Purchase Price
$153k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$32,172
Downpayment
20%
$30,640
Closing costs
1%
$1,532
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,033
Total Expenses
$1,440
Mortgage P&I
84%
$867
Property Taxes
24%
$248
Home Insurance
5%
$56
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$52
Vacancy
6%
$62
Maintenance
5%
$52
Other
0%
$0