This property looks like a bad Long-Term investment with a projected -5.84% first-year return on $42,315 initial cash invested.
-5.84%
Cash On Cash
5.9%
Cap Rate
0.88
DSCR
$1,481
Rent
-$206
Cashflow
Cash Flow
$1,481 income − $1,687 expenses = $206 out of pocket
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,315
Downpayment
20%
$40,300
Closing costs
1%
$2,015
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,481
Total Expenses
$1,687
Mortgage P&I
76%
$1,123
Property Taxes
8%
$113
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0