This property looks like a bad Long-Term investment with a projected -1.95% first-year return on $33,768 initial cash invested.
-1.95%
Cash On Cash
6.38%
Cap Rate
1.02
DSCR
$1,391
Rent
-$55
Cashflow
Cash Flow
$1,391 income − $1,446 expenses = $55 out of pocket
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,768
Downpayment
20%
$32,160
Closing costs
1%
$1,608
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,391
Total Expenses
$1,446
Mortgage P&I
60%
$840
Property Taxes
13%
$187
Home Insurance
4%
$57
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$70
Vacancy
6%
$83
Maintenance
5%
$70
Other
0%
$0