This property looks like a bad Long-Term investment with a projected -12.4% first-year return on $43,050 initial cash invested.
-12.4%
Cash On Cash
4.43%
Cap Rate
0.67
DSCR
$1,478
Rent
-$445
Cashflow
Cash Flow
$1,478 income − $1,923 expenses = $445 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,050
Downpayment
20%
$41,000
Closing costs
1%
$2,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,478
Total Expenses
$1,923
Mortgage P&I
76%
$1,128
Property Taxes
23%
$338
Home Insurance
5%
$72
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0