This property looks like a bad Long-Term investment with a projected -0.32% first-year return on $37,611 initial cash invested.
-0.32%
Cash On Cash
7.08%
Cap Rate
1.07
DSCR
$1,522
Rent
-$10
Cashflow
Cash Flow
$1,522 income − $1,532 expenses = $10 out of pocket
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,611
Downpayment
20%
$35,820
Closing costs
1%
$1,791
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,522
Total Expenses
$1,532
Mortgage P&I
65%
$990
Property Taxes
5%
$82
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0