This property looks like a bad Long-Term investment with a projected -10.44% first-year return on $34,125 initial cash invested.
-10.44%
Cash On Cash
4.75%
Cap Rate
0.73
DSCR
$1,178
Rent
-$297
Cashflow
Cash Flow
$1,178 income − $1,475 expenses = $297 out of pocket
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,125
Downpayment
20%
$32,500
Closing costs
1%
$1,625
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,178
Total Expenses
$1,475
Mortgage P&I
75%
$881
Property Taxes
20%
$230
Home Insurance
5%
$57
HOA
0%
$0
Property Management
10%
$118
CapEx
5%
$59
Vacancy
6%
$71
Maintenance
5%
$59
Other
0%
$0