This property looks like a bad Long-Term investment with a projected -5.19% first-year return on $43,428 initial cash invested.
-5.19%
Cash On Cash
6.1%
Cap Rate
0.91
DSCR
$1,676
Rent
-$188
Cashflow
Cash Flow
$1,676 income − $1,864 expenses = $188 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,428
Downpayment
20%
$41,360
Closing costs
1%
$2,068
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,676
Total Expenses
$1,864
Mortgage P&I
69%
$1,155
Property Taxes
12%
$209
Home Insurance
4%
$63
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0