This property looks like a bad Long-Term investment with a projected -8.95% first-year return on $33,663 initial cash invested.
-8.95%
Cash On Cash
5.31%
Cap Rate
0.79
DSCR
$1,276
Rent
-$251
Cashflow
Cash Flow
$1,276 income − $1,527 expenses = $251 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,663
Downpayment
20%
$32,060
Closing costs
1%
$1,603
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,276
Total Expenses
$1,527
Mortgage P&I
70%
$896
Property Taxes
20%
$249
Home Insurance
4%
$49
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0