This property looks like a bad Long-Term investment with a projected -9.75% first-year return on $37,779 initial cash invested.
-9.75%
Cash On Cash
4.94%
Cap Rate
0.75
DSCR
$1,206
Rent
-$307
Cashflow
Cash Flow
$1,206 income − $1,513 expenses = $307 out of pocket
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,206
Total Expenses
$1,513
Mortgage P&I
82%
$988
Property Taxes
12%
$149
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$121
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0