This property looks like a bad Long-Term investment with a projected -5.53% first-year return on $43,155 initial cash invested.
-5.53%
Cash On Cash
6.04%
Cap Rate
0.9
DSCR
$1,632
Rent
-$199
Cashflow
Cash Flow
$1,632 income − $1,831 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,155
Downpayment
20%
$41,100
Closing costs
1%
$2,055
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,632
Total Expenses
$1,831
Mortgage P&I
71%
$1,151
Property Taxes
11%
$173
Home Insurance
5%
$82
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0