This property looks like a bad Long-Term investment with a projected -12.46% first-year return on $44,604 initial cash invested.
-12.46%
Cash On Cash
4.42%
Cap Rate
0.67
DSCR
$1,545
Rent
-$463
Cashflow
Cash Flow
$1,545 income − $2,008 expenses = $463 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,604
Downpayment
20%
$42,480
Closing costs
1%
$2,124
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,545
Total Expenses
$2,008
Mortgage P&I
76%
$1,169
Property Taxes
24%
$364
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$154
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0