This property looks like a bad Long-Term investment with a projected -2.38% first-year return on $43,785 initial cash invested.
-2.38%
Cash On Cash
6.42%
Cap Rate
1
DSCR
$1,665
Rent
-$87
Cashflow
Cash Flow
$1,665 income − $1,752 expenses = $87 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,785
Downpayment
20%
$41,700
Closing costs
1%
$2,085
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,665
Total Expenses
$1,752
Mortgage P&I
67%
$1,119
Property Taxes
5%
$79
Home Insurance
7%
$122
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0