This property looks like a bad Long-Term investment with a projected -0.83% first-year return on $37,401 initial cash invested.
-0.83%
Cash On Cash
6.83%
Cap Rate
1.06
DSCR
$1,688
Rent
-$26
Cashflow
Cash Flow
$1,688 income − $1,714 expenses = $26 out of pocket
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,401
Downpayment
20%
$35,620
Closing costs
1%
$1,781
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,688
Total Expenses
$1,714
Mortgage P&I
57%
$955
Property Taxes
15%
$258
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0