This property looks like a bad Long-Term investment with a projected -8.44% first-year return on $43,239 initial cash invested.
-8.44%
Cash On Cash
5.33%
Cap Rate
0.8
DSCR
$1,595
Rent
-$304
Cashflow
Cash Flow
$1,595 income − $1,899 expenses = $304 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,239
Downpayment
20%
$41,180
Closing costs
1%
$2,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,595
Total Expenses
$1,899
Mortgage P&I
71%
$1,138
Property Taxes
17%
$265
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0