This property looks like a bad Long-Term investment with a projected -10.31% first-year return on $41,790 initial cash invested.
-10.31%
Cash On Cash
4.86%
Cap Rate
0.73
DSCR
$1,334
Rent
-$359
Cashflow
Cash Flow
$1,334 income − $1,693 expenses = $359 out of pocket
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,334
Total Expenses
$1,693
Mortgage P&I
82%
$1,098
Property Taxes
13%
$178
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0