This property looks like a bad Long-Term investment with a projected -0.2% first-year return on $36,687 initial cash invested.
-0.2%
Cash On Cash
7.16%
Cap Rate
1.09
DSCR
$1,759
Rent
-$6
Cashflow
Cash Flow
$1,759 income − $1,765 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,687
Downpayment
20%
$34,940
Closing costs
1%
$1,747
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,759
Total Expenses
$1,765
Mortgage P&I
55%
$960
Property Taxes
16%
$289
Home Insurance
3%
$58
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0