This property looks like a bad Long-Term investment with a projected -10.17% first-year return on $41,769 initial cash invested.
-10.17%
Cash On Cash
4.98%
Cap Rate
0.74
DSCR
$1,294
Rent
-$354
Cashflow
Cash Flow
$1,294 income − $1,648 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$199k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,769
Downpayment
20%
$39,780
Closing costs
1%
$1,989
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,294
Total Expenses
$1,648
Mortgage P&I
86%
$1,115
Property Taxes
10%
$126
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$129
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0