This property looks like a bad Long-Term investment with a projected -10.57% first-year return on $44,520 initial cash invested.
-10.57%
Cash On Cash
4.92%
Cap Rate
0.73
DSCR
$1,509
Rent
-$392
Cashflow
Cash Flow
$1,509 income − $1,901 expenses = $392 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,520
Downpayment
20%
$42,400
Closing costs
1%
$2,120
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,509
Total Expenses
$1,901
Mortgage P&I
79%
$1,186
Property Taxes
16%
$248
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$151
CapEx
5%
$75
Vacancy
6%
$91
Maintenance
5%
$75
Other
0%
$0