This property looks like a bad Long-Term investment with a projected -3.13% first-year return on $43,281 initial cash invested.
-3.13%
Cash On Cash
6.67%
Cap Rate
0.99
DSCR
$2,023
Rent
-$113
Cashflow
Cash Flow
$2,023 income − $2,136 expenses = $113 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
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
$2,023
Total Expenses
$2,136
Mortgage P&I
57%
$1,157
Property Taxes
19%
$391
Home Insurance
3%
$63
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0