This property looks like a bad Long-Term investment with a projected -9.26% first-year return on $41,706 initial cash invested.
-9.26%
Cash On Cash
5.22%
Cap Rate
0.77
DSCR
$1,325
Rent
-$322
Cashflow
Cash Flow
$1,325 income − $1,647 expenses = $322 out of pocket
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,706
Downpayment
20%
$39,720
Closing costs
1%
$1,986
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,325
Total Expenses
$1,647
Mortgage P&I
85%
$1,120
Property Taxes
9%
$113
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0