This property looks like a bad Long-Term investment with a projected -1.72% first-year return on $35,532 initial cash invested.
-1.72%
Cash On Cash
6.68%
Cap Rate
1.03
DSCR
$1,506
Rent
-$51
Cashflow
Cash Flow
$1,506 income − $1,557 expenses = $51 out of pocket
Investment Breakdown
|
Purchase Price
$169k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,532
Downpayment
20%
$33,840
Closing costs
1%
$1,692
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,506
Total Expenses
$1,557
Mortgage P&I
61%
$918
Property Taxes
12%
$188
Home Insurance
4%
$60
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0