This property looks like a bad Long-Term investment with a projected -0.83% first-year return on $40,362 initial cash invested.
-0.83%
Cash On Cash
6.92%
Cap Rate
1.06
DSCR
$1,873
Rent
-$28
Cashflow
Cash Flow
$1,873 income − $1,901 expenses = $28 out of pocket
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,362
Downpayment
20%
$38,440
Closing costs
1%
$1,922
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,873
Total Expenses
$1,901
Mortgage P&I
56%
$1,042
Property Taxes
16%
$302
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0