This property looks like a bad Long-Term investment with a projected -7.72% first-year return on $34,650 initial cash invested.
-7.72%
Cash On Cash
5.37%
Cap Rate
0.83
DSCR
$1,354
Rent
-$223
Cashflow
Cash Flow
$1,354 income − $1,577 expenses = $223 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,354
Total Expenses
$1,577
Mortgage P&I
66%
$894
Property Taxes
20%
$273
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0