This property looks like a bad Long-Term investment with a projected -2.39% first-year return on $33,663 initial cash invested.
-2.39%
Cash On Cash
6.57%
Cap Rate
1
DSCR
$1,354
Rent
-$67
Cashflow
Cash Flow
$1,354 income − $1,421 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,663
Downpayment
20%
$32,060
Closing costs
1%
$1,603
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,354
Total Expenses
$1,421
Mortgage P&I
65%
$876
Property Taxes
10%
$132
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0