This property looks like a bad Long-Term investment with a projected -15.05% first-year return on $42,336 initial cash invested.
-15.05%
Cash On Cash
3.71%
Cap Rate
0.57
DSCR
$1,336
Rent
-$531
Cashflow
Cash Flow
$1,336 income − $1,867 expenses = $531 out of pocket
Investment Breakdown
|
Purchase Price
$202k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$42,336
Downpayment
20%
$40,320
Closing costs
1%
$2,016
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,336
Total Expenses
$1,867
Mortgage P&I
81%
$1,088
Property Taxes
25%
$338
Home Insurance
7%
$93
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0