This property looks like a bad Long-Term investment with a projected -7.68% first-year return on $43,113 initial cash invested.
-7.68%
Cash On Cash
5.38%
Cap Rate
0.82
DSCR
$1,440
Rent
-$276
Cashflow
Cash Flow
$1,440 income − $1,716 expenses = $276 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,113
Downpayment
20%
$41,060
Closing costs
1%
$2,053
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,440
Total Expenses
$1,716
Mortgage P&I
78%
$1,125
Property Taxes
6%
$82
Home Insurance
9%
$135
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0