This property looks like a bad Long-Term investment with a projected -12.74% first-year return on $42,945 initial cash invested.
-12.74%
Cash On Cash
4.33%
Cap Rate
0.65
DSCR
$1,138
Rent
-$456
Cashflow
Cash Flow
$1,138 income − $1,594 expenses = $456 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,945
Downpayment
20%
$40,900
Closing costs
1%
$2,045
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,138
Total Expenses
$1,594
Mortgage P&I
100%
$1,137
Property Taxes
8%
$87
Home Insurance
7%
$74
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$68
Maintenance
5%
$57
Other
0%
$0