This property looks like a bad Long-Term investment with a projected -9.73% first-year return on $43,659 initial cash invested.
-9.73%
Cash On Cash
5.2%
Cap Rate
0.76
DSCR
$1,531
Rent
-$354
Cashflow
Cash Flow
$1,531 income − $1,885 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,531
Total Expenses
$1,885
Mortgage P&I
77%
$1,178
Property Taxes
16%
$238
Home Insurance
5%
$70
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0