This property looks like a bad Long-Term investment with a projected -3.46% first-year return on $36,078 initial cash invested.
-3.46%
Cash On Cash
6.22%
Cap Rate
0.96
DSCR
$1,361
Rent
-$104
Cashflow
Cash Flow
$1,361 income − $1,465 expenses = $104 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,078
Downpayment
20%
$34,360
Closing costs
1%
$1,718
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,361
Total Expenses
$1,465
Mortgage P&I
68%
$927
Property Taxes
10%
$130
Home Insurance
4%
$54
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0