This property looks like a bad Long-Term investment with a projected -5.01% first-year return on $33,285 initial cash invested.
-5.01%
Cash On Cash
5.82%
Cap Rate
0.91
DSCR
$1,277
Rent
-$139
Cashflow
Cash Flow
$1,277 income − $1,416 expenses = $139 out of pocket
Investment Breakdown
|
Purchase Price
$159k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,285
Downpayment
20%
$31,700
Closing costs
1%
$1,585
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,277
Total Expenses
$1,416
Mortgage P&I
66%
$844
Property Taxes
13%
$170
Home Insurance
5%
$69
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0