This property looks like a bad Long-Term investment with a projected -4.57% first-year return on $34,650 initial cash invested.
-4.57%
Cash On Cash
6.28%
Cap Rate
0.93
DSCR
$1,378
Rent
-$132
Cashflow
Cash Flow
$1,378 income − $1,510 expenses = $132 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,650
Downpayment
20%
$33,000
Closing costs
1%
$1,650
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,378
Total Expenses
$1,510
Mortgage P&I
67%
$927
Property Taxes
12%
$166
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0