This property looks like a bad Long-Term investment with a projected -1.16% first-year return on $41,433 initial cash invested.
-1.16%
Cash On Cash
6.98%
Cap Rate
1.03
DSCR
$1,557
Rent
-$40
Cashflow
Cash Flow
$1,557 income − $1,597 expenses = $40 out of pocket
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,433
Downpayment
20%
$39,460
Closing costs
1%
$1,973
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,557
Total Expenses
$1,597
Mortgage P&I
71%
$1,110
Property Taxes
2%
$26
Home Insurance
4%
$56
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0