This property looks like a bad Long-Term investment with a projected -8.1% first-year return on $35,574 initial cash invested.
-8.1%
Cash On Cash
5.43%
Cap Rate
0.81
DSCR
$1,101
Rent
-$240
Cashflow
Cash Flow
$1,101 income − $1,341 expenses = $240 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,574
Downpayment
20%
$33,880
Closing costs
1%
$1,694
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,101
Total Expenses
$1,341
Mortgage P&I
86%
$952
Property Taxes
4%
$48
Home Insurance
5%
$55
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0