This property looks like a bad Mid-Term investment with a projected -0.38% first-year return on $53,784 initial cash invested.
-0.38%
Cash On Cash
6.81%
Cap Rate
1.05
DSCR
$1,598
Rent
-$17
Cashflow
Cash Flow
$1,598 income − $1,615 expenses = $17 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,784
Downpayment
20%
$34,080
Closing costs
1%
$1,704
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,598
Total Expenses
$1,615
Mortgage P&I
58%
$920
Property Taxes
6%
$90
Home Insurance
4%
$61
HOA
0%
$0
Property Management
12%
$192
CapEx
4%
$64
Vacancy
3%
$48
Maintenance
4%
$64
Other
11%
$176