This property looks like a bad Long-Term investment with a projected -9.22% first-year return on $40,236 initial cash invested.
-9.22%
Cash On Cash
5.25%
Cap Rate
0.78
DSCR
$1,387
Rent
-$309
Cashflow
Cash Flow
$1,387 income − $1,696 expenses = $309 out of pocket
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,236
Downpayment
20%
$38,320
Closing costs
1%
$1,916
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,387
Total Expenses
$1,696
Mortgage P&I
78%
$1,078
Property Taxes
14%
$190
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0