This property looks like a bad Long-Term investment with a projected -11.14% first-year return on $44,814 initial cash invested.
-11.14%
Cash On Cash
4.49%
Cap Rate
0.7
DSCR
$1,433
Rent
-$416
Cashflow
Cash Flow
$1,433 income − $1,849 expenses = $416 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,814
Downpayment
20%
$42,680
Closing costs
1%
$2,134
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,433
Total Expenses
$1,849
Mortgage P&I
80%
$1,143
Property Taxes
18%
$256
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0