This property looks like a bad Long-Term investment with a projected -5.67% first-year return on $37,233 initial cash invested.
-5.67%
Cash On Cash
5.86%
Cap Rate
0.88
DSCR
$1,249
Rent
-$176
Cashflow
Cash Flow
$1,249 income − $1,425 expenses = $176 out of pocket
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,233
Downpayment
20%
$35,460
Closing costs
1%
$1,773
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,249
Total Expenses
$1,425
Mortgage P&I
78%
$980
Property Taxes
5%
$65
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0