This property looks like a bad Long-Term investment with a projected -10.98% first-year return on $40,866 initial cash invested.
-10.98%
Cash On Cash
4.51%
Cap Rate
0.7
DSCR
$1,103
Rent
-$374
Cashflow
Cash Flow
$1,103 income − $1,477 expenses = $374 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,866
Downpayment
20%
$38,920
Closing costs
1%
$1,946
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,103
Total Expenses
$1,477
Mortgage P&I
95%
$1,050
Property Taxes
6%
$71
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$110
CapEx
5%
$55
Vacancy
6%
$66
Maintenance
5%
$55
Other
0%
$0