This property looks like a bad Long-Term investment with a projected -10.05% first-year return on $43,932 initial cash invested.
-10.05%
Cash On Cash
5.09%
Cap Rate
0.74
DSCR
$1,276
Rent
-$368
Cashflow
Cash Flow
$1,276 income − $1,644 expenses = $368 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,276
Total Expenses
$1,644
Mortgage P&I
93%
$1,191
Property Taxes
4%
$45
Home Insurance
6%
$75
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0