This property looks like a bad Long-Term investment with a projected -7.26% first-year return on $35,679 initial cash invested.
-7.26%
Cash On Cash
5.5%
Cap Rate
0.85
DSCR
$1,484
Rent
-$216
Cashflow
Cash Flow
$1,484 income − $1,700 expenses = $216 out of pocket
Investment Breakdown
|
Purchase Price
$170k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,484
Total Expenses
$1,700
Mortgage P&I
62%
$921
Property Taxes
22%
$333
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0