This property looks like a bad Long-Term investment with a projected -13.58% first-year return on $35,175 initial cash invested.
-13.58%
Cash On Cash
4.16%
Cap Rate
0.62
DSCR
$988
Rent
-$398
Cashflow
Cash Flow
$988 income − $1,386 expenses = $398 out of pocket
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,175
Downpayment
20%
$33,500
Closing costs
1%
$1,675
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$988
Total Expenses
$1,386
Mortgage P&I
94%
$929
Property Taxes
14%
$143
Home Insurance
6%
$58
HOA
0%
$0
Property Management
10%
$99
CapEx
5%
$49
Vacancy
6%
$59
Maintenance
5%
$49
Other
0%
$0