This property looks like a bad Long-Term investment with a projected -1.14% first-year return on $43,302 initial cash invested.
-1.14%
Cash On Cash
6.65%
Cap Rate
1.04
DSCR
$1,684
Rent
-$41
Cashflow
Cash Flow
$1,684 income − $1,725 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,302
Downpayment
20%
$41,240
Closing costs
1%
$2,062
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,684
Total Expenses
$1,725
Mortgage P&I
65%
$1,099
Property Taxes
7%
$110
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0