This property looks like a bad Long-Term investment with a projected -2.84% first-year return on $43,890 initial cash invested.
-2.84%
Cash On Cash
6.49%
Cap Rate
0.99
DSCR
$1,825
Rent
-$104
Cashflow
Cash Flow
$1,825 income − $1,929 expenses = $104 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,890
Downpayment
20%
$41,800
Closing costs
1%
$2,090
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,825
Total Expenses
$1,929
Mortgage P&I
63%
$1,143
Property Taxes
13%
$239
Home Insurance
4%
$73
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$110
Maintenance
5%
$91
Other
0%
$0