This property looks like a bad Long-Term investment with a projected -4.35% first-year return on $36,729 initial cash invested.
-4.35%
Cash On Cash
5.96%
Cap Rate
0.93
DSCR
$1,286
Rent
-$133
Cashflow
Cash Flow
$1,286 income − $1,419 expenses = $133 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,729
Downpayment
20%
$34,980
Closing costs
1%
$1,749
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,286
Total Expenses
$1,419
Mortgage P&I
73%
$937
Property Taxes
7%
$87
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0