This property looks like a bad Long-Term investment with a projected -14.88% first-year return on $36,855 initial cash invested.
-14.88%
Cash On Cash
3.79%
Cap Rate
0.58
DSCR
$1,089
Rent
-$457
Cashflow
Cash Flow
$1,089 income − $1,546 expenses = $457 out of pocket
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,855
Downpayment
20%
$35,100
Closing costs
1%
$1,755
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,089
Total Expenses
$1,546
Mortgage P&I
88%
$958
Property Taxes
22%
$244
Home Insurance
6%
$62
HOA
0%
$0
Property Management
10%
$109
CapEx
5%
$54
Vacancy
6%
$65
Maintenance
5%
$54
Other
0%
$0