This property looks like a bad Long-Term investment with a projected -4.72% first-year return on $39,669 initial cash invested.
-4.72%
Cash On Cash
6.21%
Cap Rate
0.93
DSCR
$1,589
Rent
-$156
Cashflow
Cash Flow
$1,589 income − $1,745 expenses = $156 out of pocket
Investment Breakdown
|
Purchase Price
$189k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,669
Downpayment
20%
$37,780
Closing costs
1%
$1,889
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,589
Total Expenses
$1,745
Mortgage P&I
66%
$1,055
Property Taxes
12%
$194
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0