This property looks like a bad Long-Term investment with a projected -5.17% first-year return on $38,262 initial cash invested.
-5.17%
Cash On Cash
6.11%
Cap Rate
0.92
DSCR
$1,606
Rent
-$165
Cashflow
Cash Flow
$1,606 income − $1,771 expenses = $165 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,262
Downpayment
20%
$36,440
Closing costs
1%
$1,822
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,606
Total Expenses
$1,771
Mortgage P&I
63%
$1,012
Property Taxes
16%
$254
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0