This property looks like a bad Long-Term investment with a projected -0.56% first-year return on $38,388 initial cash invested.
-0.56%
Cash On Cash
7.27%
Cap Rate
1.06
DSCR
$1,697
Rent
-$18
Cashflow
Cash Flow
$1,697 income − $1,715 expenses = $18 out of pocket
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,388
Downpayment
20%
$36,560
Closing costs
1%
$1,828
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,697
Total Expenses
$1,715
Mortgage P&I
61%
$1,040
Property Taxes
10%
$168
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0