This property looks like a bad Long-Term investment with a projected -8.28% first-year return on $43,029 initial cash invested.
-8.28%
Cash On Cash
5.38%
Cap Rate
0.81
DSCR
$1,564
Rent
-$297
Cashflow
Cash Flow
$1,564 income − $1,861 expenses = $297 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,029
Downpayment
20%
$40,980
Closing costs
1%
$2,049
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,564
Total Expenses
$1,861
Mortgage P&I
73%
$1,137
Property Taxes
16%
$246
Home Insurance
5%
$72
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0