This property looks like a bad Long-Term investment with a projected -16.5% first-year return on $43,050 initial cash invested.
-16.5%
Cash On Cash
3.66%
Cap Rate
0.54
DSCR
$1,324
Rent
-$592
Cashflow
Cash Flow
$1,324 income − $1,916 expenses = $592 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,050
Downpayment
20%
$41,000
Closing costs
1%
$2,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,324
Total Expenses
$1,916
Mortgage P&I
87%
$1,152
Property Taxes
26%
$349
Home Insurance
5%
$72
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0