This property looks like a bad Long-Term investment with a projected -9.64% first-year return on $40,194 initial cash invested.
-9.64%
Cash On Cash
4.96%
Cap Rate
0.76
DSCR
$1,332
Rent
-$323
Cashflow
Cash Flow
$1,332 income − $1,655 expenses = $323 out of pocket
Investment Breakdown
|
Purchase Price
$191k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,194
Downpayment
20%
$38,280
Closing costs
1%
$1,914
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,332
Total Expenses
$1,655
Mortgage P&I
79%
$1,047
Property Taxes
14%
$181
Home Insurance
6%
$80
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0