This property looks like a bad Long-Term investment with a projected -1.41% first-year return on $35,658 initial cash invested.
-1.41%
Cash On Cash
6.77%
Cap Rate
1.03
DSCR
$1,433
Rent
-$42
Cashflow
Cash Flow
$1,433 income − $1,475 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,658
Downpayment
20%
$33,960
Closing costs
1%
$1,698
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,433
Total Expenses
$1,475
Mortgage P&I
65%
$928
Property Taxes
8%
$113
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0