This property looks like a bad Long-Term investment with a projected -3.89% first-year return on $37,338 initial cash invested.
-3.89%
Cash On Cash
6.34%
Cap Rate
0.95
DSCR
$1,525
Rent
-$121
Cashflow
Cash Flow
$1,525 income − $1,646 expenses = $121 out of pocket
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,338
Downpayment
20%
$35,560
Closing costs
1%
$1,778
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,525
Total Expenses
$1,646
Mortgage P&I
65%
$985
Property Taxes
12%
$179
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0