This property looks like a bad Long-Term investment with a projected -0.53% first-year return on $42,987 initial cash invested.
-0.53%
Cash On Cash
7.18%
Cap Rate
1.06
DSCR
$1,673
Rent
-$19
Cashflow
Cash Flow
$1,673 income − $1,692 expenses = $19 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,987
Downpayment
20%
$40,940
Closing costs
1%
$2,047
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,673
Total Expenses
$1,692
Mortgage P&I
69%
$1,159
Property Taxes
3%
$46
Home Insurance
3%
$52
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0