This property looks like a bad Long-Term investment with a projected -10.45% first-year return on $38,136 initial cash invested.
-10.45%
Cash On Cash
4.95%
Cap Rate
0.74
DSCR
$1,246
Rent
-$332
Cashflow
Cash Flow
$1,246 income − $1,578 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,136
Downpayment
20%
$36,320
Closing costs
1%
$1,816
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,246
Total Expenses
$1,578
Mortgage P&I
82%
$1,019
Property Taxes
14%
$170
Home Insurance
5%
$65
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0