This property looks like a bad Long-Term investment with a projected -7.24% first-year return on $45,066 initial cash invested.
-7.24%
Cash On Cash
5.35%
Cap Rate
0.83
DSCR
$1,516
Rent
-$272
Cashflow
Cash Flow
$1,516 income − $1,788 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,066
Downpayment
20%
$42,920
Closing costs
1%
$2,146
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,516
Total Expenses
$1,788
Mortgage P&I
76%
$1,152
Property Taxes
11%
$167
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0