This property looks like a bad Long-Term investment with a projected -9.66% first-year return on $36,876 initial cash invested.
-9.66%
Cash On Cash
4.84%
Cap Rate
0.74
DSCR
$1,029
Rent
-$297
Cashflow
Cash Flow
$1,029 income − $1,326 expenses = $297 out of pocket
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,876
Downpayment
20%
$35,120
Closing costs
1%
$1,756
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,029
Total Expenses
$1,326
Mortgage P&I
93%
$954
Property Taxes
4%
$42
Home Insurance
6%
$63
HOA
0%
$0
Property Management
10%
$103
CapEx
5%
$51
Vacancy
6%
$62
Maintenance
5%
$51
Other
0%
$0