This property looks like a bad Long-Term investment with a projected -9.76% first-year return on $45,486 initial cash invested.
-9.76%
Cash On Cash
5.09%
Cap Rate
0.76
DSCR
$1,716
Rent
-$370
Cashflow
Cash Flow
$1,716 income − $2,086 expenses = $370 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,486
Downpayment
20%
$43,320
Closing costs
1%
$2,166
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,716
Total Expenses
$2,086
Mortgage P&I
70%
$1,202
Property Taxes
20%
$346
Home Insurance
5%
$91
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0