This property looks like a bad Long-Term investment with a projected -4.47% first-year return on $34,650 initial cash invested.
-4.47%
Cash On Cash
6.37%
Cap Rate
0.94
DSCR
$1,543
Rent
-$129
Cashflow
Cash Flow
$1,543 income − $1,672 expenses = $129 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,543
Total Expenses
$1,672
Mortgage P&I
60%
$928
Property Taxes
18%
$285
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0