This property looks like a bad Long-Term investment with a projected -15.13% first-year return on $43,470 initial cash invested.
-15.13%
Cash On Cash
3.9%
Cap Rate
0.58
DSCR
$1,121
Rent
-$548
Cashflow
Cash Flow
$1,121 income − $1,669 expenses = $548 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,470
Downpayment
20%
$41,400
Closing costs
1%
$2,070
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,121
Total Expenses
$1,669
Mortgage P&I
104%
$1,164
Property Taxes
13%
$142
Home Insurance
6%
$72
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0