This property looks like a bad Long-Term investment with a projected -12.39% first-year return on $43,890 initial cash invested.
-12.39%
Cash On Cash
4.55%
Cap Rate
0.67
DSCR
$1,273
Rent
-$453
Cashflow
Cash Flow
$1,273 income − $1,726 expenses = $453 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$43,890
Downpayment
20%
$41,800
Closing costs
1%
$2,090
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,273
Total Expenses
$1,726
Mortgage P&I
93%
$1,182
Property Taxes
11%
$140
Home Insurance
6%
$73
HOA
0%
$0
Property Management
10%
$127
CapEx
5%
$64
Vacancy
6%
$76
Maintenance
5%
$64
Other
0%
$0