This property looks like a bad Long-Term investment with a projected -2.74% first-year return on $43,869 initial cash invested.
-2.74%
Cash On Cash
6.51%
Cap Rate
0.99
DSCR
$1,755
Rent
-$100
Cashflow
Cash Flow
$1,755 income − $1,855 expenses = $100 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,869
Downpayment
20%
$41,780
Closing costs
1%
$2,089
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,755
Total Expenses
$1,855
Mortgage P&I
65%
$1,146
Property Taxes
11%
$186
Home Insurance
4%
$66
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$105
Maintenance
5%
$88
Other
0%
$0