This property looks like a bad Long-Term investment with a projected -0.03% first-year return on $40,173 initial cash invested.
-0.03%
Cash On Cash
7.34%
Cap Rate
1.08
DSCR
$1,759
Rent
-$1
Cashflow
Cash Flow
$1,759 income − $1,760 expenses = $1 out of pocket
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,173
Downpayment
20%
$38,260
Closing costs
1%
$1,913
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,759
Total Expenses
$1,760
Mortgage P&I
62%
$1,083
Property Taxes
8%
$139
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0