This property looks like a bad Long-Term investment with a projected -10.01% first-year return on $43,512 initial cash invested.
-10.01%
Cash On Cash
4.96%
Cap Rate
0.75
DSCR
$1,490
Rent
-$363
Cashflow
Cash Flow
$1,490 income − $1,853 expenses = $363 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,512
Downpayment
20%
$41,440
Closing costs
1%
$2,072
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,490
Total Expenses
$1,853
Mortgage P&I
77%
$1,145
Property Taxes
17%
$248
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$149
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0