This property looks like a bad Long-Term investment with a projected -11.08% first-year return on $34,755 initial cash invested.
-11.08%
Cash On Cash
4.78%
Cap Rate
0.71
DSCR
$1,150
Rent
-$321
Cashflow
Cash Flow
$1,150 income − $1,471 expenses = $321 out of pocket
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,755
Downpayment
20%
$33,100
Closing costs
1%
$1,655
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,150
Total Expenses
$1,471
Mortgage P&I
80%
$922
Property Taxes
16%
$189
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0