This property looks like a bad Long-Term investment with a projected -2.61% first-year return on $36,729 initial cash invested.
-2.61%
Cash On Cash
6.72%
Cap Rate
1
DSCR
$1,547
Rent
-$80
Cashflow
Cash Flow
$1,547 income − $1,627 expenses = $80 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,547
Total Expenses
$1,627
Mortgage P&I
63%
$982
Property Taxes
12%
$182
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0