This property looks like a bad Long-Term investment with a projected -12.29% first-year return on $44,814 initial cash invested.
-12.29%
Cash On Cash
4.34%
Cap Rate
0.66
DSCR
$1,300
Rent
-$459
Cashflow
Cash Flow
$1,300 income − $1,759 expenses = $459 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,814
Downpayment
20%
$42,680
Closing costs
1%
$2,134
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,300
Total Expenses
$1,759
Mortgage P&I
90%
$1,166
Property Taxes
14%
$178
Home Insurance
6%
$77
HOA
0%
$0
Property Management
10%
$130
CapEx
5%
$65
Vacancy
6%
$78
Maintenance
5%
$65
Other
0%
$0