This property looks like a bad Long-Term investment with a projected -3.46% first-year return on $36,750 initial cash invested.
-3.46%
Cash On Cash
6.18%
Cap Rate
0.96
DSCR
$1,285
Rent
-$106
Cashflow
Cash Flow
$1,285 income − $1,391 expenses = $106 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,285
Total Expenses
$1,391
Mortgage P&I
73%
$943
Property Taxes
4%
$54
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0