This property looks like a bad Long-Term investment with a projected -0.62% first-year return on $35,091 initial cash invested.
-0.62%
Cash On Cash
7.29%
Cap Rate
1.07
DSCR
$1,733
Rent
-$18
Cashflow
Cash Flow
$1,733 income − $1,751 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,091
Downpayment
20%
$33,420
Closing costs
1%
$1,671
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,733
Total Expenses
$1,751
Mortgage P&I
55%
$946
Property Taxes
18%
$305
Home Insurance
3%
$49
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0