This property looks like a bad Long-Term investment with a projected -8.67% first-year return on $45,549 initial cash invested.
-8.67%
Cash On Cash
5.34%
Cap Rate
0.79
DSCR
$1,440
Rent
-$329
Cashflow
Cash Flow
$1,440 income − $1,769 expenses = $329 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,549
Downpayment
20%
$43,380
Closing costs
1%
$2,169
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,440
Total Expenses
$1,769
Mortgage P&I
85%
$1,223
Property Taxes
7%
$95
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0