This property looks like a bad Long-Term investment with a projected -2.18% first-year return on $42,882 initial cash invested.
-2.18%
Cash On Cash
6.72%
Cap Rate
1
DSCR
$1,589
Rent
-$78
Cashflow
Cash Flow
$1,589 income − $1,667 expenses = $78 out of pocket
Investment Breakdown
|
Purchase Price
$204k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,882
Downpayment
20%
$40,840
Closing costs
1%
$2,042
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,589
Total Expenses
$1,667
Mortgage P&I
72%
$1,142
Property Taxes
2%
$39
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0