This property looks like a bad Long-Term investment with a projected -2.47% first-year return on $43,680 initial cash invested.
-2.47%
Cash On Cash
6.74%
Cap Rate
1
DSCR
$1,772
Rent
-$90
Cashflow
Cash Flow
$1,772 income − $1,862 expenses = $90 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,680
Downpayment
20%
$41,600
Closing costs
1%
$2,080
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,772
Total Expenses
$1,862
Mortgage P&I
66%
$1,170
Property Taxes
8%
$143
Home Insurance
5%
$88
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$89
Vacancy
6%
$106
Maintenance
5%
$89
Other
0%
$0