This property looks like a bad Long-Term investment with a projected -3.99% first-year return on $40,950 initial cash invested.
-3.99%
Cash On Cash
6.09%
Cap Rate
0.95
DSCR
$1,663
Rent
-$136
Cashflow
Cash Flow
$1,663 income − $1,799 expenses = $136 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$40,950
Downpayment
20%
$39,000
Closing costs
1%
$1,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,663
Total Expenses
$1,799
Mortgage P&I
63%
$1,042
Property Taxes
15%
$257
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0