This property looks like a bad Long-Term investment with a projected -0.79% first-year return on $33,495 initial cash invested.
-0.79%
Cash On Cash
6.7%
Cap Rate
1.06
DSCR
$1,372
Rent
-$22
Cashflow
Cash Flow
$1,372 income − $1,394 expenses = $22 out of pocket
Investment Breakdown
|
Purchase Price
$160k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$33,495
Downpayment
20%
$31,900
Closing costs
1%
$1,595
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,372
Total Expenses
$1,394
Mortgage P&I
62%
$844
Property Taxes
10%
$137
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0