This property looks like a bad Long-Term investment with a projected -4.78% first-year return on $35,679 initial cash invested.
-4.78%
Cash On Cash
6.26%
Cap Rate
0.93
DSCR
$1,536
Rent
-$142
Cashflow
Cash Flow
$1,536 income − $1,678 expenses = $142 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,536
Total Expenses
$1,678
Mortgage P&I
62%
$952
Property Taxes
17%
$266
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0