This property looks like a bad Long-Term investment with a projected -6.39% first-year return on $40,593 initial cash invested.
-6.39%
Cash On Cash
5.84%
Cap Rate
0.87
DSCR
$1,602
Rent
-$216
Cashflow
Cash Flow
$1,602 income − $1,818 expenses = $216 out of pocket
Investment Breakdown
|
Purchase Price
$193k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,593
Downpayment
20%
$38,660
Closing costs
1%
$1,933
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,602
Total Expenses
$1,818
Mortgage P&I
67%
$1,076
Property Taxes
16%
$256
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0