This property looks like a bad Long-Term investment with a projected -1.65% first-year return on $43,764 initial cash invested.
-1.65%
Cash On Cash
6.82%
Cap Rate
1.02
DSCR
$1,718
Rent
-$60
Cashflow
Cash Flow
$1,718 income − $1,778 expenses = $60 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,764
Downpayment
20%
$41,680
Closing costs
1%
$2,084
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,718
Total Expenses
$1,778
Mortgage P&I
67%
$1,159
Property Taxes
6%
$98
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0