This property looks like a bad Long-Term investment with a projected -4.06% first-year return on $43,785 initial cash invested.
-4.06%
Cash On Cash
6.09%
Cap Rate
0.94
DSCR
$1,635
Rent
-$148
Cashflow
Cash Flow
$1,635 income − $1,783 expenses = $148 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
$1,635
Total Expenses
$1,783
Mortgage P&I
69%
$1,124
Property Taxes
10%
$158
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0