This property looks like a bad Long-Term investment with a projected -0.66% first-year return on $36,204 initial cash invested.
-0.66%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$1,799
Rent
-$20
Cashflow
Cash Flow
$1,799 income − $1,819 expenses = $20 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,204
Downpayment
20%
$34,480
Closing costs
1%
$1,724
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,799
Total Expenses
$1,819
Mortgage P&I
53%
$947
Property Taxes
20%
$352
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$180
CapEx
5%
$90
Vacancy
6%
$108
Maintenance
5%
$90
Other
0%
$0