This property looks like a bad Long-Term investment with a projected -7.16% first-year return on $45,612 initial cash invested.
-7.16%
Cash On Cash
5.57%
Cap Rate
0.84
DSCR
$1,546
Rent
-$272
Cashflow
Cash Flow
$1,546 income − $1,818 expenses = $272 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,612
Downpayment
20%
$43,440
Closing costs
1%
$2,172
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,546
Total Expenses
$1,818
Mortgage P&I
78%
$1,203
Property Taxes
8%
$129
Home Insurance
5%
$84
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0