This property looks like a bad Long-Term investment with a projected -9.13% first-year return on $43,911 initial cash invested.
-9.13%
Cash On Cash
5.16%
Cap Rate
0.78
DSCR
$1,565
Rent
-$334
Cashflow
Cash Flow
$1,565 income − $1,899 expenses = $334 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,911
Downpayment
20%
$41,820
Closing costs
1%
$2,091
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,565
Total Expenses
$1,899
Mortgage P&I
74%
$1,155
Property Taxes
17%
$263
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0