This property looks like a bad Long-Term investment with a projected -4.24% first-year return on $35,385 initial cash invested.
-4.24%
Cash On Cash
5.9%
Cap Rate
0.93
DSCR
$1,228
Rent
-$125
Cashflow
Cash Flow
$1,228 income − $1,353 expenses = $125 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,385
Downpayment
20%
$33,700
Closing costs
1%
$1,685
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,228
Total Expenses
$1,353
Mortgage P&I
73%
$892
Property Taxes
7%
$83
Home Insurance
5%
$59
HOA
0%
$0
Property Management
10%
$123
CapEx
5%
$61
Vacancy
6%
$74
Maintenance
5%
$61
Other
0%
$0