This property looks like a bad Long-Term investment with a projected -10.05% first-year return on $42,252 initial cash invested.
-10.05%
Cash On Cash
4.84%
Cap Rate
0.74
DSCR
$1,390
Rent
-$354
Cashflow
Cash Flow
$1,390 income − $1,744 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,252
Downpayment
20%
$40,240
Closing costs
1%
$2,012
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,390
Total Expenses
$1,744
Mortgage P&I
79%
$1,096
Property Taxes
15%
$209
Home Insurance
6%
$77
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$70
Vacancy
6%
$83
Maintenance
5%
$70
Other
0%
$0