This property looks like a bad Long-Term investment with a projected -3.32% first-year return on $34,650 initial cash invested.
-3.32%
Cash On Cash
6.68%
Cap Rate
0.98
DSCR
$1,577
Rent
-$96
Cashflow
Cash Flow
$1,577 income − $1,673 expenses = $96 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,577
Total Expenses
$1,673
Mortgage P&I
59%
$936
Property Taxes
17%
$268
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0