This property looks like a bad Long-Term investment with a projected -4.44% first-year return on $35,679 initial cash invested.
-4.44%
Cash On Cash
6.05%
Cap Rate
0.93
DSCR
$1,303
Rent
-$132
Cashflow
Cash Flow
$1,303 income − $1,435 expenses = $132 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,679
Downpayment
20%
$33,980
Closing costs
1%
$1,699
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,303
Total Expenses
$1,435
Mortgage P&I
71%
$923
Property Taxes
9%
$114
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0