This property looks like a bad Long-Term investment with a projected -10.68% first-year return on $43,050 initial cash invested.
-10.68%
Cash On Cash
4.63%
Cap Rate
0.71
DSCR
$1,152
Rent
-$383
Cashflow
Cash Flow
$1,152 income − $1,535 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,152
Total Expenses
$1,535
Mortgage P&I
97%
$1,116
Property Taxes
4%
$47
Home Insurance
6%
$72
HOA
0%
$0
Property Management
10%
$115
CapEx
5%
$58
Vacancy
6%
$69
Maintenance
5%
$58
Other
0%
$0