This property looks like a bad Long-Term investment with a projected -10.67% first-year return on $40,950 initial cash invested.
-10.67%
Cash On Cash
4.72%
Cap Rate
0.72
DSCR
$1,373
Rent
-$364
Cashflow
Cash Flow
$1,373 income − $1,737 expenses = $364 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
$1,373
Total Expenses
$1,737
Mortgage P&I
77%
$1,062
Property Taxes
18%
$250
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$69
Vacancy
6%
$82
Maintenance
5%
$69
Other
0%
$0