This property looks like a bad Long-Term investment with a projected -4.45% first-year return on $39,102 initial cash invested.
-4.45%
Cash On Cash
6.05%
Cap Rate
0.93
DSCR
$1,377
Rent
-$145
Cashflow
Cash Flow
$1,377 income − $1,522 expenses = $145 out of pocket
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,102
Downpayment
20%
$37,240
Closing costs
1%
$1,862
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,377
Total Expenses
$1,522
Mortgage P&I
74%
$1,014
Property Taxes
4%
$61
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0