This property looks like a bad Long-Term investment with a projected -1.13% first-year return on $43,386 initial cash invested.
-1.13%
Cash On Cash
6.85%
Cap Rate
1.04
DSCR
$1,791
Rent
-$41
Cashflow
Cash Flow
$1,791 income − $1,832 expenses = $41 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,386
Downpayment
20%
$41,320
Closing costs
1%
$2,066
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,791
Total Expenses
$1,832
Mortgage P&I
63%
$1,131
Property Taxes
9%
$161
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$179
CapEx
5%
$90
Vacancy
6%
$107
Maintenance
5%
$90
Other
0%
$0