This property looks like a bad Long-Term investment with a projected -10.03% first-year return on $43,197 initial cash invested.
-10.03%
Cash On Cash
5.03%
Cap Rate
0.75
DSCR
$1,317
Rent
-$361
Cashflow
Cash Flow
$1,317 income − $1,678 expenses = $361 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,197
Downpayment
20%
$41,140
Closing costs
1%
$2,057
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,317
Total Expenses
$1,678
Mortgage P&I
88%
$1,157
Property Taxes
7%
$95
Home Insurance
6%
$83
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0