This property looks like a bad Long-Term investment with a projected -4.73% first-year return on $38,094 initial cash invested.
-4.73%
Cash On Cash
5.99%
Cap Rate
0.93
DSCR
$1,532
Rent
-$150
Cashflow
Cash Flow
$1,532 income − $1,682 expenses = $150 out of pocket
Investment Breakdown
|
Purchase Price
$181k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,094
Downpayment
20%
$36,280
Closing costs
1%
$1,814
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,532
Total Expenses
$1,682
Mortgage P&I
64%
$978
Property Taxes
15%
$226
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0