This property looks like a bad Long-Term investment with a projected -13.69% first-year return on $39,795 initial cash invested.
-13.69%
Cash On Cash
4.34%
Cap Rate
0.64
DSCR
$1,468
Rent
-$454
Cashflow
Cash Flow
$1,468 income − $1,922 expenses = $454 out of pocket
Investment Breakdown
|
Purchase Price
$190k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$39,795
Downpayment
20%
$37,900
Closing costs
1%
$1,895
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,468
Total Expenses
$1,922
Mortgage P&I
73%
$1,066
Property Taxes
28%
$407
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$147
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0