This property looks like a bad Long-Term investment with a projected -6.34% first-year return on $36,729 initial cash invested.
-6.34%
Cash On Cash
5.64%
Cap Rate
0.87
DSCR
$1,457
Rent
-$194
Cashflow
Cash Flow
$1,457 income − $1,651 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,729
Downpayment
20%
$34,980
Closing costs
1%
$1,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,457
Total Expenses
$1,651
Mortgage P&I
65%
$943
Property Taxes
18%
$267
Home Insurance
4%
$62
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0