This property looks like a bad Long-Term investment with a projected -9.45% first-year return on $34,650 initial cash invested.
-9.45%
Cash On Cash
4.87%
Cap Rate
0.76
DSCR
$1,150
Rent
-$273
Cashflow
Cash Flow
$1,150 income − $1,423 expenses = $273 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,150
Total Expenses
$1,423
Mortgage P&I
77%
$885
Property Taxes
16%
$180
Home Insurance
5%
$58
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0