This property looks like a bad Long-Term investment with a projected -6.37% first-year return on $34,272 initial cash invested.
-6.37%
Cash On Cash
5.73%
Cap Rate
0.87
DSCR
$1,364
Rent
-$182
Cashflow
Cash Flow
$1,364 income − $1,546 expenses = $182 out of pocket
Investment Breakdown
|
Purchase Price
$163k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,272
Downpayment
20%
$32,640
Closing costs
1%
$1,632
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,364
Total Expenses
$1,546
Mortgage P&I
65%
$893
Property Taxes
18%
$239
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0