This property looks like a bad Long-Term investment with a projected -6.63% first-year return on $36,183 initial cash invested.
-6.63%
Cash On Cash
5.56%
Cap Rate
0.85
DSCR
$1,273
Rent
-$200
Cashflow
Cash Flow
$1,273 income − $1,473 expenses = $200 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,183
Downpayment
20%
$34,460
Closing costs
1%
$1,723
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,273
Total Expenses
$1,473
Mortgage P&I
73%
$935
Property Taxes
12%
$155
Home Insurance
4%
$52
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0