This property looks like a bad Long-Term investment with a projected -4.82% first-year return on $39,312 initial cash invested.
-4.82%
Cash On Cash
5.87%
Cap Rate
0.91
DSCR
$1,434
Rent
-$158
Cashflow
Cash Flow
$1,434 income − $1,592 expenses = $158 out of pocket
Investment Breakdown
|
Purchase Price
$187k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,312
Downpayment
20%
$37,440
Closing costs
1%
$1,872
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,434
Total Expenses
$1,592
Mortgage P&I
70%
$1,002
Property Taxes
11%
$151
Home Insurance
5%
$66
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0