This property looks like a bad Long-Term investment with a projected -11.84% first-year return on $40,656 initial cash invested.
-11.84%
Cash On Cash
4.65%
Cap Rate
0.68
DSCR
$1,100
Rent
-$401
Cashflow
Cash Flow
$1,100 income − $1,501 expenses = $401 out of pocket
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,656
Downpayment
20%
$38,720
Closing costs
1%
$1,936
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,100
Total Expenses
$1,501
Mortgage P&I
100%
$1,096
Property Taxes
4%
$49
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0