This property looks like a bad Long-Term investment with a projected -4.77% first-year return on $41,286 initial cash invested.
-4.77%
Cash On Cash
6.08%
Cap Rate
0.92
DSCR
$1,597
Rent
-$164
Cashflow
Cash Flow
$1,597 income − $1,761 expenses = $164 out of pocket
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,597
Total Expenses
$1,761
Mortgage P&I
68%
$1,080
Property Taxes
12%
$195
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0