This property looks like a bad Long-Term investment with a projected -9.95% first-year return on $41,832 initial cash invested.
-9.95%
Cash On Cash
4.77%
Cap Rate
0.73
DSCR
$1,219
Rent
-$347
Cashflow
Cash Flow
$1,219 income − $1,566 expenses = $347 out of pocket
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,832
Downpayment
20%
$39,840
Closing costs
1%
$1,992
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,219
Total Expenses
$1,566
Mortgage P&I
88%
$1,078
Property Taxes
8%
$99
Home Insurance
6%
$72
HOA
0%
$0
Property Management
10%
$122
CapEx
5%
$61
Vacancy
6%
$73
Maintenance
5%
$61
Other
0%
$0