This property looks like a bad Long-Term investment with a projected -10.45% first-year return on $43,974 initial cash invested.
-10.45%
Cash On Cash
4.97%
Cap Rate
0.74
DSCR
$1,678
Rent
-$383
Cashflow
Cash Flow
$1,678 income − $2,061 expenses = $383 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,974
Downpayment
20%
$41,880
Closing costs
1%
$2,094
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,678
Total Expenses
$2,061
Mortgage P&I
69%
$1,166
Property Taxes
23%
$384
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0