This property looks like a bad Long-Term investment with a projected -5.32% first-year return on $36,078 initial cash invested.
-5.32%
Cash On Cash
5.86%
Cap Rate
0.9
DSCR
$1,328
Rent
-$160
Cashflow
Cash Flow
$1,328 income − $1,488 expenses = $160 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,328
Total Expenses
$1,488
Mortgage P&I
70%
$933
Property Taxes
11%
$149
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0