This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $33,306 initial cash invested.
-8.94%
Cash On Cash
5.11%
Cap Rate
0.78
DSCR
$1,054
Rent
-$248
Cashflow
Cash Flow
$1,054 income − $1,302 expenses = $248 out of pocket
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,306
Downpayment
20%
$31,720
Closing costs
1%
$1,586
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,054
Total Expenses
$1,302
Mortgage P&I
83%
$871
Property Taxes
10%
$102
Home Insurance
5%
$55
HOA
0%
$0
Property Management
10%
$105
CapEx
5%
$53
Vacancy
6%
$63
Maintenance
5%
$53
Other
0%
$0