This property looks like a bad Long-Term investment with a projected -1.84% first-year return on $44,331 initial cash invested.
-1.84%
Cash On Cash
6.82%
Cap Rate
1.01
DSCR
$1,682
Rent
-$68
Cashflow
Cash Flow
$1,682 income − $1,750 expenses = $68 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,331
Downpayment
20%
$42,220
Closing costs
1%
$2,111
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,682
Total Expenses
$1,750
Mortgage P&I
70%
$1,184
Property Taxes
3%
$54
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0