This property looks like a bad Long-Term investment with a projected -9.08% first-year return on $41,118 initial cash invested.
-9.08%
Cash On Cash
5.32%
Cap Rate
0.78
DSCR
$1,464
Rent
-$311
Cashflow
Cash Flow
$1,464 income − $1,775 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,118
Downpayment
20%
$39,160
Closing costs
1%
$1,958
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,464
Total Expenses
$1,775
Mortgage P&I
76%
$1,106
Property Taxes
15%
$219
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0