This property looks like a bad Long-Term investment with a projected -0.03% first-year return on $39,690 initial cash invested.
-0.03%
Cash On Cash
6.9%
Cap Rate
1.08
DSCR
$1,587
Rent
-$1
Cashflow
Cash Flow
$1,587 income − $1,588 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,690
Downpayment
20%
$37,800
Closing costs
1%
$1,890
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,587
Total Expenses
$1,588
Mortgage P&I
64%
$1,008
Property Taxes
6%
$102
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0