This property looks like a bad Long-Term investment with a projected -9.94% first-year return on $40,929 initial cash invested.
-9.94%
Cash On Cash
4.8%
Cap Rate
0.74
DSCR
$1,400
Rent
-$339
Cashflow
Cash Flow
$1,400 income − $1,739 expenses = $339 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,400
Total Expenses
$1,739
Mortgage P&I
75%
$1,049
Property Taxes
18%
$258
Home Insurance
5%
$68
HOA
0%
$0
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0