This property looks like a bad Long-Term investment with a projected -10.33% first-year return on $44,961 initial cash invested.
-10.33%
Cash On Cash
4.95%
Cap Rate
0.74
DSCR
$1,435
Rent
-$387
Cashflow
Cash Flow
$1,435 income − $1,822 expenses = $387 out of pocket
Investment Breakdown
|
Purchase Price
$214k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,961
Downpayment
20%
$42,820
Closing costs
1%
$2,141
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,435
Total Expenses
$1,822
Mortgage P&I
83%
$1,198
Property Taxes
12%
$166
Home Insurance
6%
$84
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0