This property looks like a bad Long-Term investment with a projected -9.32% first-year return on $40,950 initial cash invested.
-9.32%
Cash On Cash
5.21%
Cap Rate
0.78
DSCR
$1,454
Rent
-$318
Cashflow
Cash Flow
$1,454 income − $1,772 expenses = $318 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,454
Total Expenses
$1,772
Mortgage P&I
75%
$1,091
Property Taxes
16%
$235
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0