This property looks like a bad Long-Term investment with a projected -4.3% first-year return on $43,239 initial cash invested.
-4.3%
Cash On Cash
6.27%
Cap Rate
0.93
DSCR
$1,534
Rent
-$155
Cashflow
Cash Flow
$1,534 income − $1,689 expenses = $155 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
$1,534
Total Expenses
$1,689
Mortgage P&I
75%
$1,154
Property Taxes
4%
$63
Home Insurance
5%
$73
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0