This property looks like a bad Long-Term investment with a projected -0.57% first-year return on $33,579 initial cash invested.
-0.57%
Cash On Cash
7.2%
Cap Rate
1.08
DSCR
$1,655
Rent
-$16
Cashflow
Cash Flow
$1,655 income − $1,671 expenses = $16 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,579
Downpayment
20%
$31,980
Closing costs
1%
$1,599
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,655
Total Expenses
$1,671
Mortgage P&I
54%
$893
Property Taxes
18%
$291
Home Insurance
3%
$56
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0