This property looks like a bad Long-Term investment with a projected -4.56% first-year return on $41,286 initial cash invested.
-4.56%
Cash On Cash
6.29%
Cap Rate
0.94
DSCR
$1,760
Rent
-$157
Cashflow
Cash Flow
$1,760 income − $1,917 expenses = $157 out of pocket
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,286
Downpayment
20%
$39,320
Closing costs
1%
$1,966
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,760
Total Expenses
$1,917
Mortgage P&I
62%
$1,099
Property Taxes
16%
$281
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0