This property looks like a bad Long-Term investment with a projected -0.15% first-year return on $38,829 initial cash invested.
-0.15%
Cash On Cash
7.02%
Cap Rate
1.07
DSCR
$1,559
Rent
-$5
Cashflow
Cash Flow
$1,559 income − $1,564 expenses = $5 out of pocket
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,829
Downpayment
20%
$36,980
Closing costs
1%
$1,849
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,559
Total Expenses
$1,564
Mortgage P&I
65%
$1,009
Property Taxes
5%
$84
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0