This property looks like a bad Long-Term investment with a projected -9.6% first-year return on $42,504 initial cash invested.
-9.6%
Cash On Cash
5.09%
Cap Rate
0.76
DSCR
$1,331
Rent
-$340
Cashflow
Cash Flow
$1,331 income − $1,671 expenses = $340 out of pocket
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,504
Downpayment
20%
$40,480
Closing costs
1%
$2,024
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,331
Total Expenses
$1,671
Mortgage P&I
85%
$1,132
Property Taxes
9%
$118
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0