This property looks like a bad Long-Term investment with a projected -7.41% first-year return on $35,637 initial cash invested.
-7.41%
Cash On Cash
5.61%
Cap Rate
0.83
DSCR
$1,120
Rent
-$220
Cashflow
Cash Flow
$1,120 income − $1,340 expenses = $220 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,637
Downpayment
20%
$33,940
Closing costs
1%
$1,697
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,120
Total Expenses
$1,340
Mortgage P&I
85%
$957
Property Taxes
1%
$12
Home Insurance
7%
$80
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0