This property looks like a bad Long-Term investment with a projected -1.01% first-year return on $35,679 initial cash invested.
-1.01%
Cash On Cash
6.87%
Cap Rate
1.05
DSCR
$1,460
Rent
-$30
Cashflow
Cash Flow
$1,460 income − $1,490 expenses = $30 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,460
Total Expenses
$1,490
Mortgage P&I
64%
$930
Property Taxes
8%
$120
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0