This property looks like a bad Long-Term investment with a projected -13.01% first-year return on $44,730 initial cash invested.
-13.01%
Cash On Cash
4.32%
Cap Rate
0.66
DSCR
$1,646
Rent
-$485
Cashflow
Cash Flow
$1,646 income − $2,131 expenses = $485 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,730
Downpayment
20%
$42,600
Closing costs
1%
$2,130
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,646
Total Expenses
$2,131
Mortgage P&I
71%
$1,169
Property Taxes
28%
$457
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0