This property looks like a bad Long-Term investment with a projected -0.53% first-year return on $35,973 initial cash invested.
-0.53%
Cash On Cash
7.16%
Cap Rate
1.06
DSCR
$1,450
Rent
-$16
Cashflow
Cash Flow
$1,450 income − $1,466 expenses = $16 out of pocket
Investment Breakdown
|
Purchase Price
$171k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,973
Downpayment
20%
$34,260
Closing costs
1%
$1,713
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,450
Total Expenses
$1,466
Mortgage P&I
67%
$966
Property Taxes
4%
$59
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0