This property looks like a bad Long-Term investment with a projected -3.01% first-year return on $34,629 initial cash invested.
-3.01%
Cash On Cash
6.09%
Cap Rate
0.98
DSCR
$1,359
Rent
-$87
Cashflow
Cash Flow
$1,359 income − $1,446 expenses = $87 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,359
Total Expenses
$1,446
Mortgage P&I
63%
$856
Property Taxes
13%
$178
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0