This property looks like a bad Long-Term investment with a projected -1.57% first-year return on $33,705 initial cash invested.
-1.57%
Cash On Cash
6.8%
Cap Rate
1.02
DSCR
$1,318
Rent
-$44
Cashflow
Cash Flow
$1,318 income − $1,362 expenses = $44 out of pocket
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,705
Downpayment
20%
$32,100
Closing costs
1%
$1,605
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,318
Total Expenses
$1,362
Mortgage P&I
67%
$887
Property Taxes
6%
$84
Home Insurance
4%
$48
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0