This property looks like a bad Long-Term investment with a projected -2.45% first-year return on $36,729 initial cash invested.
-2.45%
Cash On Cash
6.56%
Cap Rate
1
DSCR
$1,479
Rent
-$75
Cashflow
Cash Flow
$1,479 income − $1,554 expenses = $75 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,729
Downpayment
20%
$34,980
Closing costs
1%
$1,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,479
Total Expenses
$1,554
Mortgage P&I
65%
$957
Property Taxes
10%
$151
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0