This property looks like a bad Long-Term investment with a projected -7.46% first-year return on $37,779 initial cash invested.
-7.46%
Cash On Cash
5.57%
Cap Rate
0.83
DSCR
$1,331
Rent
-$235
Cashflow
Cash Flow
$1,331 income − $1,566 expenses = $235 out of pocket
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$37,779
Downpayment
20%
$35,980
Closing costs
1%
$1,799
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,331
Total Expenses
$1,566
Mortgage P&I
75%
$1,003
Property Taxes
12%
$153
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0