This property looks like a bad Long-Term investment with a projected -0.77% first-year return on $35,679 initial cash invested.
-0.77%
Cash On Cash
6.79%
Cap Rate
1.05
DSCR
$1,384
Rent
-$23
Cashflow
Cash Flow
$1,384 income − $1,407 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,384
Total Expenses
$1,407
Mortgage P&I
66%
$916
Property Taxes
5%
$72
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0