This property looks like a bad Mid-Term investment with a projected -4.34% first-year return on $53,679 initial cash invested.
-4.34%
Cash On Cash
5.81%
Cap Rate
0.87
DSCR
$1,686
Rent
-$194
Cashflow
Cash Flow
$1,686 income − $1,880 expenses = $194 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,686
Total Expenses
$1,880
Mortgage P&I
56%
$950
Property Taxes
18%
$298
Home Insurance
4%
$60
HOA
0%
$0
Property Management
12%
$202
CapEx
4%
$67
Vacancy
3%
$51
Maintenance
4%
$67
Other
11%
$185