This property looks like a bad Long-Term investment with a projected -6.18% first-year return on $34,734 initial cash invested.
-6.18%
Cash On Cash
5.91%
Cap Rate
0.88
DSCR
$1,377
Rent
-$179
Cashflow
Cash Flow
$1,377 income − $1,556 expenses = $179 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,734
Downpayment
20%
$33,080
Closing costs
1%
$1,654
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,377
Total Expenses
$1,556
Mortgage P&I
67%
$925
Property Taxes
15%
$212
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0