This property looks like a bad Long-Term investment with a projected -11.99% first-year return on $40,950 initial cash invested.
-11.99%
Cash On Cash
4.43%
Cap Rate
0.68
DSCR
$1,388
Rent
-$409
Cashflow
Cash Flow
$1,388 income − $1,797 expenses = $409 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,388
Total Expenses
$1,797
Mortgage P&I
76%
$1,060
Property Taxes
22%
$309
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0