This property looks like a bad Long-Term investment with a projected -0.33% first-year return on $43,659 initial cash invested.
-0.33%
Cash On Cash
6.89%
Cap Rate
1.07
DSCR
$1,726
Rent
-$12
Cashflow
Cash Flow
$1,726 income − $1,738 expenses = $12 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,659
Downpayment
20%
$41,580
Closing costs
1%
$2,079
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,726
Total Expenses
$1,738
Mortgage P&I
65%
$1,119
Property Taxes
6%
$96
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$86
Vacancy
6%
$104
Maintenance
5%
$86
Other
0%
$0