This property looks like a bad Long-Term investment with a projected -0.99% first-year return on $35,301 initial cash invested.
-0.99%
Cash On Cash
6.79%
Cap Rate
1.05
DSCR
$1,517
Rent
-$29
Cashflow
Cash Flow
$1,517 income − $1,546 expenses = $29 out of pocket
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,301
Downpayment
20%
$33,620
Closing costs
1%
$1,681
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,517
Total Expenses
$1,546
Mortgage P&I
60%
$904
Property Taxes
12%
$187
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0