This property looks like a bad Long-Term investment with a projected -1.35% first-year return on $40,908 initial cash invested.
-1.35%
Cash On Cash
6.79%
Cap Rate
1.04
DSCR
$1,722
Rent
-$46
Cashflow
Cash Flow
$1,722 income − $1,768 expenses = $46 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,722
Total Expenses
$1,768
Mortgage P&I
62%
$1,063
Property Taxes
11%
$188
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0