This property looks like a bad Long-Term investment with a projected -2.46% first-year return on $43,890 initial cash invested.
-2.46%
Cash On Cash
6.64%
Cap Rate
1
DSCR
$1,769
Rent
-$90
Cashflow
Cash Flow
$1,769 income − $1,859 expenses = $90 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,769
Total Expenses
$1,859
Mortgage P&I
65%
$1,158
Property Taxes
10%
$169
Home Insurance
4%
$73
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0