This property looks like a bad Long-Term investment with a projected -9.4% first-year return on $37,779 initial cash invested.
-9.4%
Cash On Cash
4.98%
Cap Rate
0.76
DSCR
$1,293
Rent
-$296
Cashflow
Cash Flow
$1,293 income − $1,589 expenses = $296 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
$1,293
Total Expenses
$1,589
Mortgage P&I
76%
$978
Property Taxes
16%
$211
Home Insurance
5%
$63
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0