This property looks like a bad Long-Term investment with a projected -8.59% first-year return on $43,428 initial cash invested.
-8.59%
Cash On Cash
5.1%
Cap Rate
0.78
DSCR
$1,272
Rent
-$311
Cashflow
Cash Flow
$1,272 income − $1,583 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,428
Downpayment
20%
$41,360
Closing costs
1%
$2,068
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,272
Total Expenses
$1,583
Mortgage P&I
89%
$1,126
Property Taxes
4%
$52
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0