This property looks like a bad Long-Term investment with a projected -3.72% first-year return on $40,320 initial cash invested.
-3.72%
Cash On Cash
6.43%
Cap Rate
0.95
DSCR
$1,450
Rent
-$125
Cashflow
Cash Flow
$1,450 income − $1,575 expenses = $125 out of pocket
Investment Breakdown
|
Purchase Price
$192k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,320
Downpayment
20%
$38,400
Closing costs
1%
$1,920
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,450
Total Expenses
$1,575
Mortgage P&I
75%
$1,082
Property Taxes
3%
$49
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$145
CapEx
5%
$72
Vacancy
6%
$87
Maintenance
5%
$72
Other
0%
$0