This property looks like a bad Long-Term investment with a projected -5.94% first-year return on $37,149 initial cash invested.
-5.94%
Cash On Cash
6.01%
Cap Rate
0.88
DSCR
$1,263
Rent
-$184
Cashflow
Cash Flow
$1,263 income − $1,447 expenses = $184 out of pocket
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,149
Downpayment
20%
$35,380
Closing costs
1%
$1,769
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,263
Total Expenses
$1,447
Mortgage P&I
80%
$1,007
Property Taxes
4%
$50
Home Insurance
5%
$62
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0