This property looks like a bad Long-Term investment with a projected -9.09% first-year return on $43,827 initial cash invested.
-9.09%
Cash On Cash
5.22%
Cap Rate
0.78
DSCR
$1,438
Rent
-$332
Cashflow
Cash Flow
$1,438 income − $1,770 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,827
Downpayment
20%
$41,740
Closing costs
1%
$2,087
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,438
Total Expenses
$1,770
Mortgage P&I
81%
$1,168
Property Taxes
11%
$153
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0