This property looks like a bad Long-Term investment with a projected -5.23% first-year return on $45,654 initial cash invested.
-5.23%
Cash On Cash
5.96%
Cap Rate
0.91
DSCR
$1,713
Rent
-$199
Cashflow
Cash Flow
$1,713 income − $1,912 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,654
Downpayment
20%
$43,480
Closing costs
1%
$2,174
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,713
Total Expenses
$1,912
Mortgage P&I
70%
$1,193
Property Taxes
9%
$161
Home Insurance
7%
$112
HOA
0%
$0
Property Management
10%
$171
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0