This property looks like a bad Long-Term investment with a projected -10.43% first-year return on $38,199 initial cash invested.
-10.43%
Cash On Cash
4.6%
Cap Rate
0.72
DSCR
$1,154
Rent
-$332
Cashflow
Cash Flow
$1,154 income − $1,486 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,199
Downpayment
20%
$36,380
Closing costs
1%
$1,819
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,154
Total Expenses
$1,486
Mortgage P&I
84%
$971
Property Taxes
13%
$149
Home Insurance
6%
$66
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0