This property looks like a bad Long-Term investment with a projected -1.28% first-year return on $35,574 initial cash invested.
-1.28%
Cash On Cash
6.73%
Cap Rate
1.03
DSCR
$1,346
Rent
-$38
Cashflow
Cash Flow
$1,346 income − $1,384 expenses = $38 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,346
Total Expenses
$1,384
Mortgage P&I
68%
$921
Property Taxes
4%
$53
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$135
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0