This property looks like a bad Long-Term investment with a projected -10.74% first-year return on $36,540 initial cash invested.
-10.74%
Cash On Cash
4.57%
Cap Rate
0.72
DSCR
$1,431
Rent
-$327
Cashflow
Cash Flow
$1,431 income − $1,758 expenses = $327 out of pocket
Investment Breakdown
|
Purchase Price
$174k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,540
Downpayment
20%
$34,800
Closing costs
1%
$1,740
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,431
Total Expenses
$1,758
Mortgage P&I
64%
$917
Property Taxes
28%
$406
Home Insurance
4%
$62
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0