This property looks like a bad Long-Term investment with a projected -13.02% first-year return on $45,150 initial cash invested.
-13.02%
Cash On Cash
4.25%
Cap Rate
0.65
DSCR
$1,527
Rent
-$490
Cashflow
Cash Flow
$1,527 income − $2,017 expenses = $490 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,527
Total Expenses
$2,017
Mortgage P&I
77%
$1,176
Property Taxes
24%
$369
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0