This property looks like a bad Long-Term investment with a projected -8.97% first-year return on $43,890 initial cash invested.
-8.97%
Cash On Cash
5.13%
Cap Rate
0.78
DSCR
$1,491
Rent
-$328
Cashflow
Cash Flow
$1,491 income − $1,819 expenses = $328 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
$1,491
Total Expenses
$1,819
Mortgage P&I
77%
$1,147
Property Taxes
12%
$173
Home Insurance
5%
$73
HOA
3%
$38
Property Management
10%
$149
CapEx
5%
$75
Vacancy
6%
$89
Maintenance
5%
$75
Other
0%
$0