This property looks like a bad Long-Term investment with a projected -0.78% first-year return on $38,514 initial cash invested.
-0.78%
Cash On Cash
7.12%
Cap Rate
1.06
DSCR
$1,741
Rent
-$25
Cashflow
Cash Flow
$1,741 income − $1,766 expenses = $25 out of pocket
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,514
Downpayment
20%
$36,680
Closing costs
1%
$1,834
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,741
Total Expenses
$1,766
Mortgage P&I
59%
$1,026
Property Taxes
13%
$223
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0