This property looks like a bad Long-Term investment with a projected -3.41% first-year return on $43,575 initial cash invested.
-3.41%
Cash On Cash
6.52%
Cap Rate
0.97
DSCR
$1,813
Rent
-$124
Cashflow
Cash Flow
$1,813 income − $1,937 expenses = $124 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,575
Downpayment
20%
$41,500
Closing costs
1%
$2,075
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,813
Total Expenses
$1,937
Mortgage P&I
64%
$1,160
Property Taxes
12%
$226
Home Insurance
4%
$79
HOA
0%
$0
Property Management
10%
$181
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0