This property looks like a bad Long-Term investment with a projected -14.03% first-year return on $34,650 initial cash invested.
-14.03%
Cash On Cash
3.98%
Cap Rate
0.61
DSCR
$1,112
Rent
-$405
Cashflow
Cash Flow
$1,112 income − $1,517 expenses = $405 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,112
Total Expenses
$1,517
Mortgage P&I
81%
$896
Property Taxes
25%
$273
Home Insurance
5%
$58
HOA
0%
$0
Property Management
10%
$111
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0