This property looks like a bad Long-Term investment with a projected -10.74% first-year return on $41,790 initial cash invested.
-10.74%
Cash On Cash
4.72%
Cap Rate
0.72
DSCR
$1,474
Rent
-$374
Cashflow
Cash Flow
$1,474 income − $1,848 expenses = $374 out of pocket
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,790
Downpayment
20%
$39,800
Closing costs
1%
$1,990
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,474
Total Expenses
$1,848
Mortgage P&I
73%
$1,083
Property Taxes
21%
$312
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$74
Vacancy
6%
$88
Maintenance
5%
$74
Other
0%
$0