This property looks like a bad Long-Term investment with a projected -12.72% first-year return on $36,141 initial cash invested.
-12.72%
Cash On Cash
4.46%
Cap Rate
0.66
DSCR
$1,058
Rent
-$383
Cashflow
Cash Flow
$1,058 income − $1,441 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,141
Downpayment
20%
$34,420
Closing costs
1%
$1,721
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,058
Total Expenses
$1,441
Mortgage P&I
92%
$970
Property Taxes
12%
$130
Home Insurance
6%
$66
HOA
0%
$0
Property Management
10%
$106
CapEx
5%
$53
Vacancy
6%
$63
Maintenance
5%
$53
Other
0%
$0