This property looks like a bad Mid-Term investment with a projected -1.47% first-year return on $53,700 initial cash invested.
-1.47%
Cash On Cash
6.72%
Cap Rate
1
DSCR
$1,682
Rent
-$66
Cashflow
Cash Flow
$1,682 income − $1,748 expenses = $66 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$53,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
11%
$18,000
Cashflow
Total Income
$1,682
Total Expenses
$1,748
Mortgage P&I
57%
$951
Property Taxes
10%
$166
Home Insurance
4%
$60
HOA
0%
$0
Property Management
12%
$202
CapEx
4%
$67
Vacancy
3%
$50
Maintenance
4%
$67
Other
11%
$185