This property looks like a bad Long-Term investment with a projected -4.17% first-year return on $41,139 initial cash invested.
-4.17%
Cash On Cash
6.19%
Cap Rate
0.93
DSCR
$1,449
Rent
-$143
Cashflow
Cash Flow
$1,449 income − $1,592 expenses = $143 out of pocket
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,139
Downpayment
20%
$39,180
Closing costs
1%
$1,959
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,449
Total Expenses
$1,592
Mortgage P&I
75%
$1,082
Property Taxes
4%
$64
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0