This property looks like a bad Long-Term investment with a projected -3.67% first-year return on $36,645 initial cash invested.
-3.67%
Cash On Cash
6.38%
Cap Rate
0.96
DSCR
$1,562
Rent
-$112
Cashflow
Cash Flow
$1,562 income − $1,674 expenses = $112 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,645
Downpayment
20%
$34,900
Closing costs
1%
$1,745
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,562
Total Expenses
$1,674
Mortgage P&I
62%
$962
Property Taxes
16%
$245
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0