This property looks like a bad Long-Term investment with a projected -1.91% first-year return on $39,039 initial cash invested.
-1.91%
Cash On Cash
6.71%
Cap Rate
1.02
DSCR
$1,726
Rent
-$62
Cashflow
Cash Flow
$1,726 income − $1,788 expenses = $62 out of pocket
Investment Breakdown
|
Purchase Price
$186k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,039
Downpayment
20%
$37,180
Closing costs
1%
$1,859
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,726
Total Expenses
$1,788
Mortgage P&I
59%
$1,015
Property Taxes
15%
$259
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0