This property looks like a bad Long-Term investment with a projected -4.4% first-year return on $43,050 initial cash invested.
-4.4%
Cash On Cash
6.25%
Cap Rate
0.93
DSCR
$1,524
Rent
-$158
Cashflow
Cash Flow
$1,524 income − $1,682 expenses = $158 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,050
Downpayment
20%
$41,000
Closing costs
1%
$2,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,524
Total Expenses
$1,682
Mortgage P&I
75%
$1,150
Property Taxes
4%
$65
Home Insurance
5%
$72
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0