This property looks like a bad Long-Term investment with a projected -0.98% first-year return on $43,890 initial cash invested.
-0.98%
Cash On Cash
6.73%
Cap Rate
1.04
DSCR
$1,637
Rent
-$36
Cashflow
Cash Flow
$1,637 income − $1,673 expenses = $36 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,637
Total Expenses
$1,673
Mortgage P&I
69%
$1,126
Property Taxes
3%
$48
Home Insurance
4%
$73
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0