This property looks like a bad Long-Term investment with a projected -11.66% first-year return on $35,700 initial cash invested.
-11.66%
Cash On Cash
4.66%
Cap Rate
0.69
DSCR
$1,121
Rent
-$347
Cashflow
Cash Flow
$1,121 income − $1,468 expenses = $347 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$35,700
Downpayment
20%
$34,000
Closing costs
1%
$1,700
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,121
Total Expenses
$1,468
Mortgage P&I
85%
$951
Property Taxes
15%
$166
Home Insurance
5%
$60
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0