This property looks like a bad Long-Term investment with a projected -8.08% first-year return on $43,974 initial cash invested.
-8.08%
Cash On Cash
5.25%
Cap Rate
0.8
DSCR
$1,318
Rent
-$296
Cashflow
Cash Flow
$1,318 income − $1,614 expenses = $296 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,974
Downpayment
20%
$41,880
Closing costs
1%
$2,094
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,318
Total Expenses
$1,614
Mortgage P&I
87%
$1,146
Property Taxes
4%
$50
Home Insurance
6%
$75
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0