This property looks like a bad Long-Term investment with a projected -7.69% first-year return on $42,147 initial cash invested.
-7.69%
Cash On Cash
5.33%
Cap Rate
0.82
DSCR
$1,552
Rent
-$270
Cashflow
Cash Flow
$1,552 income − $1,822 expenses = $270 out of pocket
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,147
Downpayment
20%
$40,140
Closing costs
1%
$2,007
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,552
Total Expenses
$1,822
Mortgage P&I
70%
$1,083
Property Taxes
16%
$247
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0