This property looks like a bad Long-Term investment with a projected -3.58% first-year return on $36,834 initial cash invested.
-3.58%
Cash On Cash
6.53%
Cap Rate
0.97
DSCR
$1,574
Rent
-$110
Cashflow
Cash Flow
$1,574 income − $1,684 expenses = $110 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,834
Downpayment
20%
$35,080
Closing costs
1%
$1,754
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,574
Total Expenses
$1,684
Mortgage P&I
63%
$985
Property Taxes
14%
$227
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0