This property looks like a bad Long-Term investment with a projected -3.77% first-year return on $38,199 initial cash invested.
-3.77%
Cash On Cash
6.07%
Cap Rate
0.96
DSCR
$1,696
Rent
-$120
Cashflow
Cash Flow
$1,696 income − $1,816 expenses = $120 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,199
Downpayment
20%
$36,380
Closing costs
1%
$1,819
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,696
Total Expenses
$1,816
Mortgage P&I
56%
$955
Property Taxes
20%
$339
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0