This property looks like a bad Long-Term investment with a projected -8.13% first-year return on $43,533 initial cash invested.
-8.13%
Cash On Cash
5.53%
Cap Rate
0.82
DSCR
$1,708
Rent
-$295
Cashflow
Cash Flow
$1,708 income − $2,003 expenses = $295 out of pocket
Investment Breakdown
|
Purchase Price
$207k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,533
Downpayment
20%
$41,460
Closing costs
1%
$2,073
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,708
Total Expenses
$2,003
Mortgage P&I
68%
$1,166
Property Taxes
19%
$320
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0