This property looks like a bad Long-Term investment with a projected -8.99% first-year return on $37,107 initial cash invested.
-8.99%
Cash On Cash
5.28%
Cap Rate
0.78
DSCR
$1,272
Rent
-$278
Cashflow
Cash Flow
$1,272 income − $1,550 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$177k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,107
Downpayment
20%
$35,340
Closing costs
1%
$1,767
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,272
Total Expenses
$1,550
Mortgage P&I
78%
$992
Property Taxes
13%
$164
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0