This property looks like a bad Long-Term investment with a projected -16.25% first-year return on $43,638 initial cash invested.
-16.25%
Cash On Cash
3.8%
Cap Rate
0.56
DSCR
$1,314
Rent
-$591
Cashflow
Cash Flow
$1,314 income − $1,905 expenses = $591 out of pocket
Investment Breakdown
|
Purchase Price
$208k
Downpayment
20.0%
Interest Rate
7.7%
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
$1,314
Total Expenses
$1,905
Mortgage P&I
90%
$1,183
Property Taxes
25%
$327
Home Insurance
4%
$53
HOA
0%
$0
Property Management
10%
$131
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0