This property looks like a bad Long-Term investment with a projected -10.73% first-year return on $37,464 initial cash invested.
-10.73%
Cash On Cash
4.86%
Cap Rate
0.73
DSCR
$1,280
Rent
-$335
Cashflow
Cash Flow
$1,280 income − $1,615 expenses = $335 out of pocket
Investment Breakdown
|
Purchase Price
$178k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,464
Downpayment
20%
$35,680
Closing costs
1%
$1,784
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,280
Total Expenses
$1,615
Mortgage P&I
78%
$993
Property Taxes
18%
$233
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0