This property looks like a bad Long-Term investment with a projected -7.35% first-year return on $43,281 initial cash invested.
-7.35%
Cash On Cash
5.36%
Cap Rate
0.82
DSCR
$1,340
Rent
-$265
Cashflow
Cash Flow
$1,340 income − $1,605 expenses = $265 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,281
Downpayment
20%
$41,220
Closing costs
1%
$2,061
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,340
Total Expenses
$1,605
Mortgage P&I
83%
$1,118
Property Taxes
6%
$78
Home Insurance
5%
$61
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0