This property looks like a bad Long-Term investment with a projected -9.98% first-year return on $40,404 initial cash invested.
-9.98%
Cash On Cash
4.88%
Cap Rate
0.74
DSCR
$1,254
Rent
-$336
Cashflow
Cash Flow
$1,254 income − $1,590 expenses = $336 out of pocket
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,404
Downpayment
20%
$38,480
Closing costs
1%
$1,924
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,254
Total Expenses
$1,590
Mortgage P&I
84%
$1,056
Property Taxes
11%
$138
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$63
Vacancy
6%
$75
Maintenance
5%
$63
Other
0%
$0