This property looks like a bad Long-Term investment with a projected -13.09% first-year return on $36,750 initial cash invested.
-13.09%
Cash On Cash
4.11%
Cap Rate
0.64
DSCR
$1,145
Rent
-$401
Cashflow
Cash Flow
$1,145 income − $1,546 expenses = $401 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,145
Total Expenses
$1,546
Mortgage P&I
82%
$943
Property Taxes
21%
$245
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$69
Maintenance
5%
$57
Other
0%
$0