This property looks like a bad Long-Term investment with a projected -3.78% first-year return on $40,677 initial cash invested.
-3.78%
Cash On Cash
6.47%
Cap Rate
0.96
DSCR
$1,657
Rent
-$128
Cashflow
Cash Flow
$1,657 income − $1,785 expenses = $128 out of pocket
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,677
Downpayment
20%
$38,740
Closing costs
1%
$1,937
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,657
Total Expenses
$1,785
Mortgage P&I
66%
$1,090
Property Taxes
11%
$184
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$99
Maintenance
5%
$83
Other
0%
$0