This property looks like a bad Long-Term investment with a projected -10.12% first-year return on $40,908 initial cash invested.
-10.12%
Cash On Cash
4.72%
Cap Rate
0.73
DSCR
$1,146
Rent
-$345
Cashflow
Cash Flow
$1,146 income − $1,491 expenses = $345 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,908
Downpayment
20%
$38,960
Closing costs
1%
$1,948
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,146
Total Expenses
$1,491
Mortgage P&I
92%
$1,055
Property Taxes
6%
$68
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$57
Vacancy
6%
$69
Maintenance
5%
$57
Other
0%
$0