This property looks like a bad Long-Term investment with a projected -18.33% first-year return on $44,583 initial cash invested.
-18.33%
Cash On Cash
2.94%
Cap Rate
0.45
DSCR
$1,159
Rent
-$681
Cashflow
Cash Flow
$1,159 income − $1,840 expenses = $681 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,583
Downpayment
20%
$42,460
Closing costs
1%
$2,123
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,159
Total Expenses
$1,840
Mortgage P&I
99%
$1,143
Property Taxes
28%
$320
Home Insurance
6%
$75
HOA
0%
$0
Property Management
10%
$116
CapEx
5%
$58
Vacancy
6%
$70
Maintenance
5%
$58
Other
0%
$0