This property looks like a bad Long-Term investment with a projected -0.39% first-year return on $43,050 initial cash invested.
-0.39%
Cash On Cash
7.07%
Cap Rate
1.07
DSCR
$1,864
Rent
-$14
Cashflow
Cash Flow
$1,864 income − $1,878 expenses = $14 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,050
Downpayment
20%
$41,000
Closing costs
1%
$2,050
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,864
Total Expenses
$1,878
Mortgage P&I
61%
$1,129
Property Taxes
10%
$193
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0