This property looks like a bad Long-Term investment with a projected -5.44% first-year return on $42,147 initial cash invested.
-5.44%
Cash On Cash
5.86%
Cap Rate
0.89
DSCR
$1,525
Rent
-$191
Cashflow
Cash Flow
$1,525 income − $1,716 expenses = $191 out of pocket
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,147
Downpayment
20%
$40,140
Closing costs
1%
$2,007
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,525
Total Expenses
$1,716
Mortgage P&I
72%
$1,095
Property Taxes
9%
$141
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0