This property looks like a bad Long-Term investment with a projected -3.44% first-year return on $33,453 initial cash invested.
-3.44%
Cash On Cash
5.96%
Cap Rate
0.96
DSCR
$1,288
Rent
-$96
Cashflow
Cash Flow
$1,288 income − $1,384 expenses = $96 out of pocket
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,453
Downpayment
20%
$31,860
Closing costs
1%
$1,593
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,288
Total Expenses
$1,384
Mortgage P&I
64%
$823
Property Taxes
8%
$108
Home Insurance
9%
$119
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0