This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $40,845 initial cash invested.
-7.23%
Cash On Cash
5.76%
Cap Rate
0.86
DSCR
$1,882
Rent
-$246
Cashflow
Cash Flow
$1,882 income − $2,128 expenses = $246 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,845
Downpayment
20%
$38,900
Closing costs
1%
$1,945
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,882
Total Expenses
$2,128
Mortgage P&I
58%
$1,086
Property Taxes
26%
$483
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$188
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0