This property looks like a bad Long-Term investment with a projected -6.67% first-year return on $38,472 initial cash invested.
-6.67%
Cash On Cash
5.86%
Cap Rate
0.86
DSCR
$1,337
Rent
-$214
Cashflow
Cash Flow
$1,337 income − $1,551 expenses = $214 out of pocket
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,472
Downpayment
20%
$36,640
Closing costs
1%
$1,832
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,337
Total Expenses
$1,551
Mortgage P&I
78%
$1,042
Property Taxes
7%
$93
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0