This property looks like a bad Long-Term investment with a projected -3.79% first-year return on $36,099 initial cash invested.
-3.79%
Cash On Cash
6.53%
Cap Rate
0.96
DSCR
$1,593
Rent
-$114
Cashflow
Cash Flow
$1,593 income − $1,707 expenses = $114 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,099
Downpayment
20%
$34,380
Closing costs
1%
$1,719
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,593
Total Expenses
$1,707
Mortgage P&I
61%
$969
Property Taxes
18%
$281
Home Insurance
3%
$42
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0