This property looks like a bad Mid-Term investment with a projected -5.34% first-year return on $53,679 initial cash invested.
-5.34%
Cash On Cash
5.41%
Cap Rate
0.8
DSCR
$1,246
Rent
-$239
Cashflow
Cash Flow
$1,246 income − $1,485 expenses = $239 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,246
Total Expenses
$1,485
Mortgage P&I
77%
$955
Property Taxes
4%
$46
Home Insurance
5%
$60
HOA
0%
$0
Property Management
12%
$150
CapEx
4%
$50
Vacancy
3%
$37
Maintenance
4%
$50
Other
11%
$137