This property looks like a bad Long-Term investment with a projected -0.43% first-year return on $33,684 initial cash invested.
-0.43%
Cash On Cash
7.14%
Cap Rate
1.06
DSCR
$1,319
Rent
-$12
Cashflow
Cash Flow
$1,319 income − $1,331 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,684
Downpayment
20%
$32,080
Closing costs
1%
$1,604
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,319
Total Expenses
$1,331
Mortgage P&I
68%
$901
Property Taxes
2%
$29
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0