This property looks like a bad Long-Term investment with a projected -18.64% first-year return on $45,654 initial cash invested.
-18.64%
Cash On Cash
3.08%
Cap Rate
0.46
DSCR
$1,075
Rent
-$709
Cashflow
Cash Flow
$1,075 income − $1,784 expenses = $709 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,654
Downpayment
20%
$43,480
Closing costs
1%
$2,174
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,075
Total Expenses
$1,784
Mortgage P&I
113%
$1,213
Property Taxes
20%
$212
Home Insurance
7%
$79
HOA
0%
$0
Property Management
10%
$108
CapEx
5%
$54
Vacancy
6%
$64
Maintenance
5%
$54
Other
0%
$0