This property looks like a bad Long-Term investment with a projected -0.18% first-year return on $41,097 initial cash invested.
-0.18%
Cash On Cash
6.9%
Cap Rate
1.07
DSCR
$1,573
Rent
-$6
Cashflow
Cash Flow
$1,573 income − $1,579 expenses = $6 out of pocket
Investment Breakdown
|
Purchase Price
$196k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,097
Downpayment
20%
$39,140
Closing costs
1%
$1,957
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,573
Total Expenses
$1,579
Mortgage P&I
67%
$1,053
Property Taxes
3%
$49
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0