This property looks like a bad Long-Term investment with a projected -4.04% first-year return on $42,189 initial cash invested.
-4.04%
Cash On Cash
6.34%
Cap Rate
0.94
DSCR
$1,577
Rent
-$142
Cashflow
Cash Flow
$1,577 income − $1,719 expenses = $142 out of pocket
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,189
Downpayment
20%
$40,180
Closing costs
1%
$2,009
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,577
Total Expenses
$1,719
Mortgage P&I
71%
$1,124
Property Taxes
7%
$114
Home Insurance
4%
$70
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0