This property looks like a bad Long-Term investment with a projected -10.04% first-year return on $41,370 initial cash invested.
-10.04%
Cash On Cash
4.73%
Cap Rate
0.73
DSCR
$1,142
Rent
-$346
Cashflow
Cash Flow
$1,142 income − $1,488 expenses = $346 out of pocket
Investment Breakdown
|
Purchase Price
$197k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,370
Downpayment
20%
$39,400
Closing costs
1%
$1,970
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,142
Total Expenses
$1,488
Mortgage P&I
93%
$1,065
Property Taxes
5%
$57
Home Insurance
6%
$69
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$69
Maintenance
5%
$57
Other
0%
$0