This property looks like a bad Long-Term investment with a projected -7.23% first-year return on $44,310 initial cash invested.
-7.23%
Cash On Cash
5.58%
Cap Rate
0.83
DSCR
$1,418
Rent
-$267
Cashflow
Cash Flow
$1,418 income − $1,685 expenses = $267 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,310
Downpayment
20%
$42,200
Closing costs
1%
$2,110
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,418
Total Expenses
$1,685
Mortgage P&I
83%
$1,177
Property Taxes
5%
$64
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0