This property looks like a bad Long-Term investment with a projected -5.43% first-year return on $37,779 initial cash invested.
-5.43%
Cash On Cash
5.89%
Cap Rate
0.9
DSCR
$1,512
Rent
-$171
Cashflow
Cash Flow
$1,512 income − $1,683 expenses = $171 out of pocket
Investment Breakdown
|
Purchase Price
$180k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,512
Total Expenses
$1,683
Mortgage P&I
65%
$978
Property Taxes
16%
$241
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0