This property looks like a bad Long-Term investment with a projected -10.29% first-year return on $36,372 initial cash invested.
-10.29%
Cash On Cash
4.83%
Cap Rate
0.74
DSCR
$1,250
Rent
-$312
Cashflow
Cash Flow
$1,250 income − $1,562 expenses = $312 out of pocket
Investment Breakdown
|
Purchase Price
$173k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,372
Downpayment
20%
$34,640
Closing costs
1%
$1,732
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,250
Total Expenses
$1,562
Mortgage P&I
76%
$947
Property Taxes
18%
$228
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0