This property looks like a bad Long-Term investment with a projected -9.58% first-year return on $43,848 initial cash invested.
-9.58%
Cash On Cash
4.87%
Cap Rate
0.75
DSCR
$1,434
Rent
-$350
Cashflow
Cash Flow
$1,434 income − $1,784 expenses = $350 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,848
Downpayment
20%
$41,760
Closing costs
1%
$2,088
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,434
Total Expenses
$1,784
Mortgage P&I
78%
$1,125
Property Taxes
15%
$212
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0