This property looks like a bad Long-Term investment with a projected -9.71% first-year return on $34,356 initial cash invested.
-9.71%
Cash On Cash
4.64%
Cap Rate
0.74
DSCR
$1,095
Rent
-$278
Cashflow
Cash Flow
$1,095 income − $1,373 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,356
Downpayment
20%
$32,720
Closing costs
1%
$1,636
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,095
Total Expenses
$1,373
Mortgage P&I
78%
$855
Property Taxes
16%
$176
Home Insurance
5%
$56
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0