This property looks like a bad Long-Term investment with a projected -11.72% first-year return on $39,102 initial cash invested.
-11.72%
Cash On Cash
4.68%
Cap Rate
0.69
DSCR
$1,125
Rent
-$382
Cashflow
Cash Flow
$1,125 income − $1,507 expenses = $382 out of pocket
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,125
Total Expenses
$1,507
Mortgage P&I
94%
$1,052
Property Taxes
9%
$97
Home Insurance
6%
$66
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$68
Maintenance
5%
$56
Other
0%
$0