This property looks like a bad Long-Term investment with a projected -4.53% first-year return on $35,259 initial cash invested.
-4.53%
Cash On Cash
6.21%
Cap Rate
0.94
DSCR
$1,493
Rent
-$133
Cashflow
Cash Flow
$1,493 income − $1,626 expenses = $133 out of pocket
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,259
Downpayment
20%
$33,580
Closing costs
1%
$1,679
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,493
Total Expenses
$1,626
Mortgage P&I
62%
$927
Property Taxes
13%
$189
Home Insurance
8%
$121
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0