This property looks like a bad Long-Term investment with a projected -12.44% first-year return on $40,908 initial cash invested.
-12.44%
Cash On Cash
4.32%
Cap Rate
0.66
DSCR
$1,382
Rent
-$424
Cashflow
Cash Flow
$1,382 income − $1,806 expenses = $424 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,908
Downpayment
20%
$38,960
Closing costs
1%
$1,948
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,382
Total Expenses
$1,806
Mortgage P&I
76%
$1,057
Property Taxes
23%
$320
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$138
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0