This property looks like a bad Long-Term investment with a projected -5.08% first-year return on $35,175 initial cash invested.
-5.08%
Cash On Cash
5.89%
Cap Rate
0.92
DSCR
$1,532
Rent
-$149
Cashflow
Cash Flow
$1,532 income − $1,681 expenses = $149 out of pocket
Investment Breakdown
|
Purchase Price
$168k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,175
Downpayment
20%
$33,500
Closing costs
1%
$1,675
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,532
Total Expenses
$1,681
Mortgage P&I
58%
$894
Property Taxes
21%
$329
Home Insurance
4%
$59
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0