This property looks like a bad Long-Term investment with a projected -0.16% first-year return on $37,695 initial cash invested.
-0.16%
Cash On Cash
7.35%
Cap Rate
1.08
DSCR
$1,661
Rent
-$5
Cashflow
Cash Flow
$1,661 income − $1,666 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,695
Downpayment
20%
$35,900
Closing costs
1%
$1,795
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,661
Total Expenses
$1,666
Mortgage P&I
62%
$1,022
Property Taxes
9%
$149
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0