This property looks like a bad Long-Term investment with a projected -5.43% first-year return on $43,092 initial cash invested.
-5.43%
Cash On Cash
5.73%
Cap Rate
0.89
DSCR
$1,598
Rent
-$195
Cashflow
Cash Flow
$1,598 income − $1,793 expenses = $195 out of pocket
Investment Breakdown
|
Purchase Price
$205k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,092
Downpayment
20%
$41,040
Closing costs
1%
$2,052
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,598
Total Expenses
$1,793
Mortgage P&I
68%
$1,094
Property Taxes
13%
$215
Home Insurance
4%
$68
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0