This property looks like a bad Long-Term investment with a projected -2.27% first-year return on $35,406 initial cash invested.
-2.27%
Cash On Cash
6.85%
Cap Rate
1.01
DSCR
$1,608
Rent
-$67
Cashflow
Cash Flow
$1,608 income − $1,675 expenses = $67 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,406
Downpayment
20%
$33,720
Closing costs
1%
$1,686
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,608
Total Expenses
$1,675
Mortgage P&I
59%
$949
Property Taxes
15%
$249
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0