This property looks like a bad Long-Term investment with a projected -4.33% first-year return on $37,968 initial cash invested.
-4.33%
Cash On Cash
6.16%
Cap Rate
0.93
DSCR
$1,380
Rent
-$137
Cashflow
Cash Flow
$1,380 income − $1,517 expenses = $137 out of pocket
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,968
Downpayment
20%
$36,160
Closing costs
1%
$1,808
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,380
Total Expenses
$1,517
Mortgage P&I
72%
$996
Property Taxes
7%
$97
Home Insurance
5%
$65
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0