This property looks like a bad Long-Term investment with a projected -0.86% first-year return on $43,260 initial cash invested.
-0.86%
Cash On Cash
6.96%
Cap Rate
1.05
DSCR
$1,780
Rent
-$31
Cashflow
Cash Flow
$1,780 income − $1,811 expenses = $31 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,260
Downpayment
20%
$41,200
Closing costs
1%
$2,060
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,780
Total Expenses
$1,811
Mortgage P&I
64%
$1,136
Property Taxes
8%
$140
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0