This property looks like a bad Long-Term investment with a projected -1.49% first-year return on $33,033 initial cash invested.
-1.49%
Cash On Cash
6.94%
Cap Rate
1.04
DSCR
$1,563
Rent
-$41
Cashflow
Cash Flow
$1,563 income − $1,604 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$157k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,033
Downpayment
20%
$31,460
Closing costs
1%
$1,573
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,563
Total Expenses
$1,604
Mortgage P&I
56%
$873
Property Taxes
17%
$269
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0