This property looks like a bad Long-Term investment with a projected -1.21% first-year return on $33,810 initial cash invested.
-1.21%
Cash On Cash
6.83%
Cap Rate
1.05
DSCR
$1,580
Rent
-$34
Cashflow
Cash Flow
$1,580 income − $1,614 expenses = $34 out of pocket
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,810
Downpayment
20%
$32,200
Closing costs
1%
$1,610
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,580
Total Expenses
$1,614
Mortgage P&I
55%
$871
Property Taxes
17%
$272
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0