This property looks like a bad Long-Term investment with a projected -4.01% first-year return on $36,792 initial cash invested.
-4.01%
Cash On Cash
6.32%
Cap Rate
0.94
DSCR
$1,323
Rent
-$123
Cashflow
Cash Flow
$1,323 income − $1,446 expenses = $123 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,792
Downpayment
20%
$35,040
Closing costs
1%
$1,752
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,323
Total Expenses
$1,446
Mortgage P&I
74%
$980
Property Taxes
5%
$60
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0