This property looks like a bad Long-Term investment with a projected -5.68% first-year return on $34,650 initial cash invested.
-5.68%
Cash On Cash
5.86%
Cap Rate
0.88
DSCR
$1,161
Rent
-$164
Cashflow
Cash Flow
$1,161 income − $1,325 expenses = $164 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,161
Total Expenses
$1,325
Mortgage P&I
79%
$912
Property Taxes
5%
$53
Home Insurance
5%
$58
HOA
0%
$0
Property Management
10%
$116
CapEx
5%
$58
Vacancy
6%
$70
Maintenance
5%
$58
Other
0%
$0