This property looks like a bad Long-Term investment with a projected -0.38% first-year return on $37,611 initial cash invested.
-0.38%
Cash On Cash
6.71%
Cap Rate
1.06
DSCR
$1,469
Rent
-$12
Cashflow
Cash Flow
$1,469 income − $1,481 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$179k
Downpayment
20.0%
Interest Rate
6.9%
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
$1,469
Total Expenses
$1,481
Mortgage P&I
64%
$941
Property Taxes
7%
$96
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0