This property looks like a bad Long-Term investment with a projected -10.55% first-year return on $43,239 initial cash invested.
-10.55%
Cash On Cash
4.64%
Cap Rate
0.72
DSCR
$1,363
Rent
-$380
Cashflow
Cash Flow
$1,363 income − $1,743 expenses = $380 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,239
Downpayment
20%
$41,180
Closing costs
1%
$2,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,363
Total Expenses
$1,743
Mortgage P&I
81%
$1,108
Property Taxes
15%
$207
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0