This property looks like a bad Long-Term investment with a projected -3.42% first-year return on $35,070 initial cash invested.
-3.42%
Cash On Cash
6.4%
Cap Rate
0.97
DSCR
$1,427
Rent
-$100
Cashflow
Cash Flow
$1,427 income − $1,527 expenses = $100 out of pocket
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,070
Downpayment
20%
$33,400
Closing costs
1%
$1,670
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,427
Total Expenses
$1,527
Mortgage P&I
64%
$920
Property Taxes
12%
$178
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$71
Vacancy
6%
$86
Maintenance
5%
$71
Other
0%
$0