This property looks like a bad Long-Term investment with a projected -5.31% first-year return on $41,580 initial cash invested.
-5.31%
Cash On Cash
6.11%
Cap Rate
0.91
DSCR
$1,612
Rent
-$184
Cashflow
Cash Flow
$1,612 income − $1,796 expenses = $184 out of pocket
Investment Breakdown
|
Purchase Price
$198k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,580
Downpayment
20%
$39,600
Closing costs
1%
$1,980
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,612
Total Expenses
$1,796
Mortgage P&I
69%
$1,111
Property Taxes
12%
$195
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$161
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0