This property looks like a bad Long-Term investment with a projected -7.28% first-year return on $36,750 initial cash invested.
-7.28%
Cash On Cash
5.36%
Cap Rate
0.82
DSCR
$1,119
Rent
-$223
Cashflow
Cash Flow
$1,119 income − $1,342 expenses = $223 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,119
Total Expenses
$1,342
Mortgage P&I
85%
$948
Property Taxes
4%
$42
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0