This property looks like a bad Long-Term investment with a projected -1.22% first-year return on $42,189 initial cash invested.
-1.22%
Cash On Cash
6.85%
Cap Rate
1.04
DSCR
$1,714
Rent
-$43
Cashflow
Cash Flow
$1,714 income − $1,757 expenses = $43 out of pocket
Investment Breakdown
|
Purchase Price
$201k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,189
Downpayment
20%
$40,180
Closing costs
1%
$2,009
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,714
Total Expenses
$1,757
Mortgage P&I
64%
$1,104
Property Taxes
8%
$133
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0