This property looks like a bad Long-Term investment with a projected -5.49% first-year return on $43,512 initial cash invested.
-5.49%
Cash On Cash
5.85%
Cap Rate
0.89
DSCR
$1,460
Rent
-$199
Cashflow
Cash Flow
$1,460 income − $1,659 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,512
Downpayment
20%
$41,440
Closing costs
1%
$2,072
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,460
Total Expenses
$1,659
Mortgage P&I
78%
$1,136
Property Taxes
3%
$47
Home Insurance
7%
$96
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0