This property looks like a bad Long-Term investment with a projected -1.59% first-year return on $44,499 initial cash invested.
-1.59%
Cash On Cash
6.48%
Cap Rate
1.04
DSCR
$2,088
Rent
-$59
Cashflow
Cash Flow
$2,088 income − $2,147 expenses = $59 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,499
Downpayment
20%
$42,380
Closing costs
1%
$2,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,088
Total Expenses
$2,147
Mortgage P&I
53%
$1,100
Property Taxes
21%
$428
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$209
CapEx
5%
$104
Vacancy
6%
$125
Maintenance
5%
$104
Other
0%
$0