This property looks like a bad Long-Term investment with a projected -3.18% first-year return on $43,743 initial cash invested.
-3.18%
Cash On Cash
6.61%
Cap Rate
0.97
DSCR
$1,692
Rent
-$116
Cashflow
Cash Flow
$1,692 income − $1,808 expenses = $116 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,743
Downpayment
20%
$41,660
Closing costs
1%
$2,083
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,692
Total Expenses
$1,808
Mortgage P&I
70%
$1,179
Property Taxes
7%
$114
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0