This property looks like a bad Long-Term investment with a projected -0.61% first-year return on $35,259 initial cash invested.
-0.61%
Cash On Cash
7.29%
Cap Rate
1.06
DSCR
$1,488
Rent
-$18
Cashflow
Cash Flow
$1,488 income − $1,506 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,259
Downpayment
20%
$33,580
Closing costs
1%
$1,679
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,488
Total Expenses
$1,506
Mortgage P&I
65%
$964
Property Taxes
8%
$114
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0