This property looks like a bad Long-Term investment with a projected -2.41% first-year return on $33,894 initial cash invested.
-2.41%
Cash On Cash
6.77%
Cap Rate
1
DSCR
$1,313
Rent
-$68
Cashflow
Cash Flow
$1,313 income − $1,381 expenses = $68 out of pocket
Investment Breakdown
|
Purchase Price
$161k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,894
Downpayment
20%
$32,280
Closing costs
1%
$1,614
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,313
Total Expenses
$1,381
Mortgage P&I
69%
$912
Property Taxes
6%
$76
Home Insurance
4%
$51
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0