This property looks like a bad Long-Term investment with a projected -0.87% first-year return on $35,805 initial cash invested.
-0.87%
Cash On Cash
6.79%
Cap Rate
1.05
DSCR
$1,372
Rent
-$26
Cashflow
Cash Flow
$1,372 income − $1,398 expenses = $26 out of pocket
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,805
Downpayment
20%
$34,100
Closing costs
1%
$1,705
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,372
Total Expenses
$1,398
Mortgage P&I
67%
$922
Property Taxes
2%
$31
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0