This property looks like a bad Long-Term investment with a projected -8.94% first-year return on $37,170 initial cash invested.
-8.94%
Cash On Cash
4.89%
Cap Rate
0.76
DSCR
$1,081
Rent
-$277
Cashflow
Cash Flow
$1,081 income − $1,358 expenses = $277 out of pocket
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,170
Downpayment
20%
$35,400
Closing costs
1%
$1,770
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,081
Total Expenses
$1,358
Mortgage P&I
87%
$944
Property Taxes
7%
$71
Home Insurance
6%
$62
HOA
0%
$0
Property Management
10%
$108
CapEx
5%
$54
Vacancy
6%
$65
Maintenance
5%
$54
Other
0%
$0