This property looks like a bad Long-Term investment with a projected -0.97% first-year return on $34,650 initial cash invested.
-0.97%
Cash On Cash
6.87%
Cap Rate
1.04
DSCR
$1,361
Rent
-$28
Cashflow
Cash Flow
$1,361 income − $1,389 expenses = $28 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,361
Total Expenses
$1,389
Mortgage P&I
67%
$905
Property Taxes
5%
$72
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0