This property looks like a bad Long-Term investment with a projected -8.46% first-year return on $38,724 initial cash invested.
-8.46%
Cash On Cash
5.21%
Cap Rate
0.79
DSCR
$1,306
Rent
-$273
Cashflow
Cash Flow
$1,306 income − $1,579 expenses = $273 out of pocket
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,724
Downpayment
20%
$36,880
Closing costs
1%
$1,844
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,306
Total Expenses
$1,579
Mortgage P&I
77%
$1,008
Property Taxes
13%
$169
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0