This property looks like a bad Long-Term investment with a projected -9.78% first-year return on $45,528 initial cash invested.
-9.78%
Cash On Cash
5.15%
Cap Rate
0.76
DSCR
$1,670
Rent
-$371
Cashflow
Cash Flow
$1,670 income − $2,041 expenses = $371 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,528
Downpayment
20%
$43,360
Closing costs
1%
$2,168
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,670
Total Expenses
$2,041
Mortgage P&I
73%
$1,217
Property Taxes
19%
$310
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$84
Vacancy
6%
$100
Maintenance
5%
$84
Other
0%
$0