This property looks like a bad Long-Term investment with a projected -2.58% first-year return on $40,908 initial cash invested.
-2.58%
Cash On Cash
6.83%
Cap Rate
1
DSCR
$1,863
Rent
-$88
Cashflow
Cash Flow
$1,863 income − $1,951 expenses = $88 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,863
Total Expenses
$1,951
Mortgage P&I
59%
$1,103
Property Taxes
16%
$296
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0