This property looks like a bad Long-Term investment with a projected -9.07% first-year return on $43,911 initial cash invested.
-9.07%
Cash On Cash
5.25%
Cap Rate
0.79
DSCR
$1,643
Rent
-$332
Cashflow
Cash Flow
$1,643 income − $1,975 expenses = $332 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,911
Downpayment
20%
$41,820
Closing costs
1%
$2,091
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,643
Total Expenses
$1,975
Mortgage P&I
71%
$1,165
Property Taxes
18%
$297
Home Insurance
5%
$75
HOA
1%
$11
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0