This property looks like a bad Long-Term investment with a projected -8.1% first-year return on $45,486 initial cash invested.
-8.1%
Cash On Cash
5.21%
Cap Rate
0.81
DSCR
$1,603
Rent
-$307
Cashflow
Cash Flow
$1,603 income − $1,910 expenses = $307 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,603
Total Expenses
$1,910
Mortgage P&I
73%
$1,167
Property Taxes
15%
$248
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$160
CapEx
5%
$80
Vacancy
6%
$96
Maintenance
5%
$80
Other
0%
$0