This property looks like a bad Long-Term investment with a projected -9.46% first-year return on $35,784 initial cash invested.
-9.46%
Cash On Cash
4.87%
Cap Rate
0.75
DSCR
$1,065
Rent
-$282
Cashflow
Cash Flow
$1,065 income − $1,347 expenses = $282 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,784
Downpayment
20%
$34,080
Closing costs
1%
$1,704
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,065
Total Expenses
$1,347
Mortgage P&I
86%
$920
Property Taxes
8%
$90
Home Insurance
6%
$61
HOA
0%
$0
Property Management
10%
$106
CapEx
5%
$53
Vacancy
6%
$64
Maintenance
5%
$53
Other
0%
$0