This property looks like a bad Long-Term investment with a projected -7.4% first-year return on $33,558 initial cash invested.
-7.4%
Cash On Cash
5.63%
Cap Rate
0.84
DSCR
$1,319
Rent
-$207
Cashflow
Cash Flow
$1,319 income − $1,526 expenses = $207 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,558
Downpayment
20%
$31,960
Closing costs
1%
$1,598
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,319
Total Expenses
$1,526
Mortgage P&I
68%
$891
Property Taxes
19%
$252
Home Insurance
3%
$40
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0