This property looks like a bad Long-Term investment with a projected -6.79% first-year return on $36,036 initial cash invested.
-6.79%
Cash On Cash
5.73%
Cap Rate
0.86
DSCR
$1,333
Rent
-$204
Cashflow
Cash Flow
$1,333 income − $1,537 expenses = $204 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,036
Downpayment
20%
$34,320
Closing costs
1%
$1,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,333
Total Expenses
$1,537
Mortgage P&I
72%
$957
Property Taxes
13%
$170
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0