This property looks like a bad Long-Term investment with a projected -6.71% first-year return on $44,541 initial cash invested.
-6.71%
Cash On Cash
5.74%
Cap Rate
0.86
DSCR
$1,578
Rent
-$249
Cashflow
Cash Flow
$1,578 income − $1,827 expenses = $249 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,541
Downpayment
20%
$42,420
Closing costs
1%
$2,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,578
Total Expenses
$1,827
Mortgage P&I
75%
$1,184
Property Taxes
10%
$157
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0