This property looks like a bad Long-Term investment with a projected -12.61% first-year return on $40,929 initial cash invested.
-12.61%
Cash On Cash
4.5%
Cap Rate
0.67
DSCR
$1,360
Rent
-$430
Cashflow
Cash Flow
$1,360 income − $1,790 expenses = $430 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,929
Downpayment
20%
$38,980
Closing costs
1%
$1,949
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,360
Total Expenses
$1,790
Mortgage P&I
80%
$1,093
Property Taxes
20%
$275
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0