This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $36,708 initial cash invested.
-10.17%
Cash On Cash
4.37%
Cap Rate
0.72
DSCR
$1,196
Rent
-$311
Cashflow
Cash Flow
$1,196 income − $1,507 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,708
Downpayment
20%
$34,960
Closing costs
1%
$1,748
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,196
Total Expenses
$1,507
Mortgage P&I
74%
$888
Property Taxes
20%
$244
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0