This property looks like a bad Long-Term investment with a projected -0.71% first-year return on $38,640 initial cash invested.
-0.71%
Cash On Cash
7.08%
Cap Rate
1.06
DSCR
$1,685
Rent
-$23
Cashflow
Cash Flow
$1,685 income − $1,708 expenses = $23 out of pocket
Investment Breakdown
|
Purchase Price
$184k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,640
Downpayment
20%
$36,800
Closing costs
1%
$1,840
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,685
Total Expenses
$1,708
Mortgage P&I
61%
$1,025
Property Taxes
11%
$185
Home Insurance
4%
$61
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0