This property looks like a bad Long-Term investment with a projected -10.46% first-year return on $43,239 initial cash invested.
-10.46%
Cash On Cash
5.18%
Cap Rate
0.77
DSCR
$2,262
Rent
-$377
Cashflow
Cash Flow
$2,262 income − $2,639 expenses = $377 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,239
Downpayment
20%
$41,180
Closing costs
1%
$2,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,262
Total Expenses
$2,639
Mortgage P&I
51%
$1,153
Property Taxes
37%
$833
Home Insurance
3%
$65
HOA
0%
$0
Property Management
10%
$226
CapEx
5%
$113
Vacancy
6%
$136
Maintenance
5%
$113
Other
0%
$0