This property looks like a bad Long-Term investment with a projected -5.41% first-year return on $35,469 initial cash invested.
-5.41%
Cash On Cash
6.06%
Cap Rate
0.9
DSCR
$1,336
Rent
-$160
Cashflow
Cash Flow
$1,336 income − $1,496 expenses = $160 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,469
Downpayment
20%
$33,780
Closing costs
1%
$1,689
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,336
Total Expenses
$1,496
Mortgage P&I
71%
$946
Property Taxes
11%
$142
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0