This property looks like a bad Long-Term investment with a projected -1.07% first-year return on $34,860 initial cash invested.
-1.07%
Cash On Cash
6.57%
Cap Rate
1.04
DSCR
$1,279
Rent
-$31
Cashflow
Cash Flow
$1,279 income − $1,310 expenses = $31 out of pocket
Investment Breakdown
|
Purchase Price
$166k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,860
Downpayment
20%
$33,200
Closing costs
1%
$1,660
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,279
Total Expenses
$1,310
Mortgage P&I
68%
$876
Property Taxes
3%
$40
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0