This property looks like a bad Long-Term investment with a projected -4.26% first-year return on $35,490 initial cash invested.
-4.26%
Cash On Cash
5.89%
Cap Rate
0.92
DSCR
$1,135
Rent
-$126
Cashflow
Cash Flow
$1,135 income − $1,261 expenses = $126 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,490
Downpayment
20%
$33,800
Closing costs
1%
$1,690
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,135
Total Expenses
$1,261
Mortgage P&I
79%
$899
Property Taxes
1%
$7
Home Insurance
5%
$59
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$68
Maintenance
5%
$57
Other
0%
$0