This property looks like a bad Long-Term investment with a projected -2.44% first-year return on $41,832 initial cash invested.
-2.44%
Cash On Cash
6.7%
Cap Rate
1
DSCR
$1,668
Rent
-$85
Cashflow
Cash Flow
$1,668 income − $1,753 expenses = $85 out of pocket
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,832
Downpayment
20%
$39,840
Closing costs
1%
$1,992
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,668
Total Expenses
$1,753
Mortgage P&I
67%
$1,114
Property Taxes
8%
$134
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0