This property looks like a bad Long-Term investment with a projected -7.86% first-year return on $43,827 initial cash invested.
-7.86%
Cash On Cash
5.4%
Cap Rate
0.82
DSCR
$1,518
Rent
-$287
Cashflow
Cash Flow
$1,518 income − $1,805 expenses = $287 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,827
Downpayment
20%
$41,740
Closing costs
1%
$2,087
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,518
Total Expenses
$1,805
Mortgage P&I
76%
$1,151
Property Taxes
12%
$184
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0