This property looks like a bad Long-Term investment with a projected -6.47% first-year return on $34,482 initial cash invested.
-6.47%
Cash On Cash
5.78%
Cap Rate
0.87
DSCR
$1,313
Rent
-$186
Cashflow
Cash Flow
$1,313 income − $1,499 expenses = $186 out of pocket
Investment Breakdown
|
Purchase Price
$164k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,482
Downpayment
20%
$32,840
Closing costs
1%
$1,642
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,313
Total Expenses
$1,499
Mortgage P&I
69%
$911
Property Taxes
14%
$187
Home Insurance
4%
$59
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0