This property looks like a bad Long-Term investment with a projected -1.11% first-year return on $36,834 initial cash invested.
-1.11%
Cash On Cash
7.07%
Cap Rate
1.05
DSCR
$1,655
Rent
-$34
Cashflow
Cash Flow
$1,655 income − $1,689 expenses = $34 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,834
Downpayment
20%
$35,080
Closing costs
1%
$1,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,655
Total Expenses
$1,689
Mortgage P&I
60%
$985
Property Taxes
12%
$196
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0