This property looks like a bad Long-Term investment with a projected -12.73% first-year return on $36,099 initial cash invested.
-12.73%
Cash On Cash
4.45%
Cap Rate
0.66
DSCR
$1,150
Rent
-$383
Cashflow
Cash Flow
$1,150 income − $1,533 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,099
Downpayment
20%
$34,380
Closing costs
1%
$1,719
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,150
Total Expenses
$1,533
Mortgage P&I
84%
$962
Property Taxes
18%
$209
Home Insurance
5%
$62
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0