This property looks like a bad Long-Term investment with a projected -1.36% first-year return on $36,120 initial cash invested.
-1.36%
Cash On Cash
6.9%
Cap Rate
1.03
DSCR
$1,421
Rent
-$41
Cashflow
Cash Flow
$1,421 income − $1,462 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$172k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,120
Downpayment
20%
$34,400
Closing costs
1%
$1,720
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,421
Total Expenses
$1,462
Mortgage P&I
67%
$959
Property Taxes
5%
$74
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0