This property looks like a bad Long-Term investment with a projected 0% first-year return on $38,829 initial cash invested.
0%
Cash On Cash
6.92%
Cap Rate
1.08
DSCR
$1,514
Rent
$0
Cashflow
Cash Flow
$1,514 income − $1,514 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$185k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,514
Total Expenses
$1,514
Mortgage P&I
65%
$991
Property Taxes
5%
$71
Home Insurance
4%
$58
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0