This property looks like a bad Long-Term investment with a projected -4.77% first-year return on $36,729 initial cash invested.
-4.77%
Cash On Cash
6.29%
Cap Rate
0.93
DSCR
$1,469
Rent
-$146
Cashflow
Cash Flow
$1,469 income − $1,615 expenses = $146 out of pocket
Investment Breakdown
|
Purchase Price
$175k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,469
Total Expenses
$1,615
Mortgage P&I
67%
$990
Property Taxes
12%
$183
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0