This property looks like a bad Long-Term investment with a projected -0.21% first-year return on $39,543 initial cash invested.
-0.21%
Cash On Cash
7.08%
Cap Rate
1.08
DSCR
$1,740
Rent
-$7
Cashflow
Cash Flow
$1,740 income − $1,747 expenses = $7 out of pocket
Investment Breakdown
|
Purchase Price
$188k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,543
Downpayment
20%
$37,660
Closing costs
1%
$1,883
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,740
Total Expenses
$1,747
Mortgage P&I
59%
$1,031
Property Taxes
8%
$142
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0