This property looks like a bad Long-Term investment with a projected -2.56% first-year return on $34,629 initial cash invested.
-2.56%
Cash On Cash
6.55%
Cap Rate
1
DSCR
$1,522
Rent
-$74
Cashflow
Cash Flow
$1,522 income − $1,596 expenses = $74 out of pocket
Investment Breakdown
|
Purchase Price
$165k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$34,629
Downpayment
20%
$32,980
Closing costs
1%
$1,649
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,522
Total Expenses
$1,596
Mortgage P&I
59%
$898
Property Taxes
16%
$245
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0