This property looks like a bad Long-Term investment with a projected -7.45% first-year return on $40,887 initial cash invested.
-7.45%
Cash On Cash
5.63%
Cap Rate
0.84
DSCR
$1,661
Rent
-$254
Cashflow
Cash Flow
$1,661 income − $1,915 expenses = $254 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,887
Downpayment
20%
$38,940
Closing costs
1%
$1,947
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,661
Total Expenses
$1,915
Mortgage P&I
65%
$1,085
Property Taxes
20%
$328
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0