This property looks like a bad Long-Term investment with a projected -7.52% first-year return on $36,246 initial cash invested.
-7.52%
Cash On Cash
5.48%
Cap Rate
0.83
DSCR
$1,203
Rent
-$227
Cashflow
Cash Flow
$1,203 income − $1,430 expenses = $227 out of pocket
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,246
Downpayment
20%
$34,520
Closing costs
1%
$1,726
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,203
Total Expenses
$1,430
Mortgage P&I
79%
$955
Property Taxes
9%
$103
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0