This property looks like a bad Long-Term investment with a projected -13.96% first-year return on $35,763 initial cash invested.
-13.96%
Cash On Cash
4.12%
Cap Rate
0.61
DSCR
$1,000
Rent
-$416
Cashflow
Cash Flow
$1,000 income − $1,416 expenses = $416 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,763
Downpayment
20%
$34,060
Closing costs
1%
$1,703
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,000
Total Expenses
$1,416
Mortgage P&I
95%
$950
Property Taxes
14%
$145
Home Insurance
6%
$61
HOA
0%
$0
Property Management
10%
$100
CapEx
5%
$50
Vacancy
6%
$60
Maintenance
5%
$50
Other
0%
$0