This property looks like a bad Long-Term investment with a projected -8.58% first-year return on $43,491 initial cash invested.
-8.58%
Cash On Cash
5.24%
Cap Rate
0.79
DSCR
$1,273
Rent
-$311
Cashflow
Cash Flow
$1,273 income − $1,584 expenses = $311 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,491
Downpayment
20%
$41,420
Closing costs
1%
$2,071
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,273
Total Expenses
$1,584
Mortgage P&I
90%
$1,151
Property Taxes
3%
$32
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0