This property looks like a bad Long-Term investment with a projected -2.27% first-year return on $36,414 initial cash invested.
-2.27%
Cash On Cash
6.08%
Cap Rate
1
DSCR
$1,352
Rent
-$69
Cashflow
Cash Flow
$1,352 income − $1,421 expenses = $69 out of pocket
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,414
Downpayment
20%
$34,680
Closing costs
1%
$1,734
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,352
Total Expenses
$1,421
Mortgage P&I
65%
$879
Property Taxes
4%
$54
Home Insurance
10%
$136
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0