This property looks like a bad Long-Term investment with a projected -2.54% first-year return on $33,558 initial cash invested.
-2.54%
Cash On Cash
6.14%
Cap Rate
1
DSCR
$1,435
Rent
-$71
Cashflow
Cash Flow
$1,435 income − $1,506 expenses = $71 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,558
Downpayment
20%
$31,960
Closing costs
1%
$1,598
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,435
Total Expenses
$1,506
Mortgage P&I
57%
$817
Property Taxes
15%
$212
Home Insurance
7%
$103
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0