This property looks like a bad Long-Term investment with a projected -10.63% first-year return on $33,873 initial cash invested.
-10.63%
Cash On Cash
4.74%
Cap Rate
0.73
DSCR
$1,183
Rent
-$300
Cashflow
Cash Flow
$1,183 income − $1,483 expenses = $300 out of pocket
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,873
Downpayment
20%
$32,260
Closing costs
1%
$1,613
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,183
Total Expenses
$1,483
Mortgage P&I
74%
$878
Property Taxes
20%
$239
Home Insurance
5%
$59
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0