This property looks like a bad Long-Term investment with a projected -5% first-year return on $36,750 initial cash invested.
-5%
Cash On Cash
6.21%
Cap Rate
0.91
DSCR
$1,263
Rent
-$153
Cashflow
Cash Flow
$1,263 income − $1,416 expenses = $153 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$36,750
Downpayment
20%
$35,000
Closing costs
1%
$1,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,263
Total Expenses
$1,416
Mortgage P&I
79%
$995
Property Taxes
3%
$32
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$126
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0