This property looks like a bad Long-Term investment with a projected -12.58% first-year return on $43,113 initial cash invested.
-12.58%
Cash On Cash
4.2%
Cap Rate
0.65
DSCR
$1,142
Rent
-$452
Cashflow
Cash Flow
$1,142 income − $1,594 expenses = $452 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,113
Downpayment
20%
$41,060
Closing costs
1%
$2,053
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,142
Total Expenses
$1,594
Mortgage P&I
98%
$1,114
Property Taxes
10%
$113
Home Insurance
6%
$70
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$69
Maintenance
5%
$57
Other
0%
$0