This property looks like a bad Long-Term investment with a projected -10% first-year return on $40,929 initial cash invested.
-10%
Cash On Cash
5.1%
Cap Rate
0.75
DSCR
$1,191
Rent
-$341
Cashflow
Cash Flow
$1,191 income − $1,532 expenses = $341 out of pocket
Investment Breakdown
|
Purchase Price
$195k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,191
Total Expenses
$1,532
Mortgage P&I
93%
$1,110
Property Taxes
4%
$44
Home Insurance
6%
$68
HOA
0%
$0
Property Management
10%
$119
CapEx
5%
$60
Vacancy
6%
$71
Maintenance
5%
$60
Other
0%
$0