This property looks like a bad Long-Term investment with a projected -0.22% first-year return on $38,283 initial cash invested.
-0.22%
Cash On Cash
7.03%
Cap Rate
1.08
DSCR
$1,646
Rent
-$7
Cashflow
Cash Flow
$1,646 income − $1,653 expenses = $7 out of pocket
Investment Breakdown
|
Purchase Price
$182k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$38,283
Downpayment
20%
$36,460
Closing costs
1%
$1,823
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,646
Total Expenses
$1,653
Mortgage P&I
60%
$993
Property Taxes
10%
$167
Home Insurance
4%
$65
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0