This property looks like a bad Long-Term investment with a projected -0.9% first-year return on $37,149 initial cash invested.
-0.9%
Cash On Cash
7.1%
Cap Rate
1.05
DSCR
$1,606
Rent
-$28
Cashflow
Cash Flow
$1,606 income − $1,634 expenses = $28 out of pocket
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,149
Downpayment
20%
$35,380
Closing costs
1%
$1,769
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,606
Total Expenses
$1,634
Mortgage P&I
62%
$994
Property Taxes
8%
$135
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0