This property looks like a bad Long-Term investment with a projected -4.95% first-year return on $43,638 initial cash invested.
-4.95%
Cash On Cash
5.71%
Cap Rate
0.91
DSCR
$1,541
Rent
-$180
Cashflow
Cash Flow
$1,541 income − $1,721 expenses = $180 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,638
Downpayment
20%
$41,560
Closing costs
1%
$2,078
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,541
Total Expenses
$1,721
Mortgage P&I
71%
$1,092
Property Taxes
10%
$156
Home Insurance
5%
$73
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0