This property looks like a bad Long-Term investment with a projected -9.99% first-year return on $44,457 initial cash invested.
-9.99%
Cash On Cash
4.48%
Cap Rate
0.72
DSCR
$1,243
Rent
-$370
Cashflow
Cash Flow
$1,243 income − $1,613 expenses = $370 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,457
Downpayment
20%
$42,340
Closing costs
1%
$2,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,243
Total Expenses
$1,613
Mortgage P&I
88%
$1,098
Property Taxes
9%
$116
Home Insurance
6%
$76
HOA
0%
$0
Property Management
10%
$124
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0