This property looks like a bad Long-Term investment with a projected -3.67% first-year return on $33,033 initial cash invested.
-3.67%
Cash On Cash
6.49%
Cap Rate
0.96
DSCR
$1,223
Rent
-$101
Cashflow
Cash Flow
$1,223 income − $1,324 expenses = $101 out of pocket
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,033
Downpayment
20%
$31,460
Closing costs
1%
$1,573
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,223
Total Expenses
$1,324
Mortgage P&I
73%
$891
Property Taxes
5%
$61
Home Insurance
5%
$55
HOA
0%
$0
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0