This property looks like a bad Long-Term investment with a projected -7.53% first-year return on $35,679 initial cash invested.
-7.53%
Cash On Cash
5.02%
Cap Rate
0.81
DSCR
$1,056
Rent
-$224
Cashflow
Cash Flow
$1,056 income − $1,280 expenses = $224 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,056
Total Expenses
$1,280
Mortgage P&I
84%
$882
Property Taxes
6%
$63
Home Insurance
6%
$60
HOA
0%
$0
Property Management
10%
$106
CapEx
5%
$53
Vacancy
6%
$63
Maintenance
5%
$53
Other
0%
$0