This property looks like a bad Long-Term investment with a projected -16.49% first-year return on $43,869 initial cash invested.
-16.49%
Cash On Cash
3.49%
Cap Rate
0.53
DSCR
$1,137
Rent
-$603
Cashflow
Cash Flow
$1,137 income − $1,740 expenses = $603 out of pocket
Investment Breakdown
|
Purchase Price
$209k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,137
Total Expenses
$1,740
Mortgage P&I
101%
$1,154
Property Taxes
19%
$215
Home Insurance
7%
$75
HOA
0%
$0
Property Management
10%
$114
CapEx
5%
$57
Vacancy
6%
$68
Maintenance
5%
$57
Other
0%
$0