This property looks like a bad Long-Term investment with a projected -10.37% first-year return on $43,050 initial cash invested.
-10.37%
Cash On Cash
4.93%
Cap Rate
0.73
DSCR
$1,267
Rent
-$372
Cashflow
Cash Flow
$1,267 income − $1,639 expenses = $372 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,267
Total Expenses
$1,639
Mortgage P&I
91%
$1,152
Property Taxes
7%
$86
Home Insurance
6%
$72
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$63
Vacancy
6%
$76
Maintenance
5%
$63
Other
0%
$0