This property looks like a bad Long-Term investment with a projected -9.63% first-year return on $36,897 initial cash invested.
-9.63%
Cash On Cash
5.17%
Cap Rate
0.77
DSCR
$1,286
Rent
-$296
Cashflow
Cash Flow
$1,286 income − $1,582 expenses = $296 out of pocket
Investment Breakdown
|
Purchase Price
$176k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,897
Downpayment
20%
$35,140
Closing costs
1%
$1,757
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,286
Total Expenses
$1,582
Mortgage P&I
77%
$989
Property Taxes
15%
$193
Home Insurance
5%
$66
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0