This property looks like a bad Long-Term investment with a projected -1.02% first-year return on $43,554 initial cash invested.
-1.02%
Cash On Cash
6.93%
Cap Rate
1.05
DSCR
$1,866
Rent
-$37
Cashflow
Cash Flow
$1,866 income − $1,903 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,554
Downpayment
20%
$41,480
Closing costs
1%
$2,074
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,866
Total Expenses
$1,903
Mortgage P&I
61%
$1,142
Property Taxes
12%
$232
Home Insurance
2%
$44
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$93
Vacancy
6%
$112
Maintenance
5%
$93
Other
0%
$0