This property looks like a bad Long-Term investment with a projected -4.1% first-year return on $43,281 initial cash invested.
-4.1%
Cash On Cash
6.36%
Cap Rate
0.94
DSCR
$1,643
Rent
-$148
Cashflow
Cash Flow
$1,643 income − $1,791 expenses = $148 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,281
Downpayment
20%
$41,220
Closing costs
1%
$2,061
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,643
Total Expenses
$1,791
Mortgage P&I
71%
$1,159
Property Taxes
8%
$131
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0