This property looks like a bad Long-Term investment with a projected -3.68% first-year return on $43,344 initial cash invested.
-3.68%
Cash On Cash
6.31%
Cap Rate
0.95
DSCR
$1,581
Rent
-$133
Cashflow
Cash Flow
$1,581 income − $1,714 expenses = $133 out of pocket
Investment Breakdown
|
Purchase Price
$206k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,344
Downpayment
20%
$41,280
Closing costs
1%
$2,064
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,581
Total Expenses
$1,714
Mortgage P&I
72%
$1,140
Property Taxes
6%
$89
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0