This property looks like a bad Long-Term investment with a projected -11.57% first-year return on $36,708 initial cash invested.
-11.57%
Cash On Cash
4.68%
Cap Rate
0.7
DSCR
$1,346
Rent
-$354
Cashflow
Cash Flow
$1,346 income − $1,700 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,346
Total Expenses
$1,700
Mortgage P&I
72%
$968
Property Taxes
24%
$319
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0