This property looks like a bad Long-Term investment with a projected -12.03% first-year return on $40,698 initial cash invested.
-12.03%
Cash On Cash
4.47%
Cap Rate
0.68
DSCR
$1,360
Rent
-$408
Cashflow
Cash Flow
$1,360 income − $1,768 expenses = $408 out of pocket
Investment Breakdown
|
Purchase Price
$194k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,698
Downpayment
20%
$38,760
Closing costs
1%
$1,938
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,360
Total Expenses
$1,768
Mortgage P&I
78%
$1,062
Property Taxes
21%
$282
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0