This property looks like a bad Long-Term investment with a projected -6.2% first-year return on $41,034 initial cash invested.
-6.2%
Cash On Cash
5.91%
Cap Rate
0.87
DSCR
$1,456
Rent
-$212
Cashflow
Cash Flow
$1,456 income − $1,668 expenses = $212 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$41,034
Downpayment
20%
$39,080
Closing costs
1%
$1,954
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,456
Total Expenses
$1,668
Mortgage P&I
76%
$1,102
Property Taxes
8%
$117
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$87
Maintenance
5%
$73
Other
0%
$0