This property looks like a bad Long-Term investment with a projected -8.81% first-year return on $35,154 initial cash invested.
-8.81%
Cash On Cash
5.34%
Cap Rate
0.8
DSCR
$1,329
Rent
-$258
Cashflow
Cash Flow
$1,329 income − $1,587 expenses = $258 out of pocket
Investment Breakdown
|
Purchase Price
$167k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,154
Downpayment
20%
$33,480
Closing costs
1%
$1,674
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,329
Total Expenses
$1,587
Mortgage P&I
71%
$937
Property Taxes
18%
$240
Home Insurance
5%
$65
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0