This property looks like a bad Long-Term investment with a projected -13.08% first-year return on $43,932 initial cash invested.
-13.08%
Cash On Cash
4.24%
Cap Rate
0.64
DSCR
$1,270
Rent
-$479
Cashflow
Cash Flow
$1,270 income − $1,749 expenses = $479 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,932
Downpayment
20%
$41,840
Closing costs
1%
$2,092
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,270
Total Expenses
$1,749
Mortgage P&I
91%
$1,155
Property Taxes
13%
$165
Home Insurance
8%
$98
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0