This property looks like a bad Long-Term investment with a projected -15.98% first-year return on $35,679 initial cash invested.
-15.98%
Cash On Cash
3.75%
Cap Rate
0.56
DSCR
$1,124
Rent
-$475
Cashflow
Cash Flow
$1,124 income − $1,599 expenses = $475 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,124
Total Expenses
$1,599
Mortgage P&I
85%
$950
Property Taxes
27%
$298
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0