This property looks like a bad Long-Term investment with a projected -11.26% first-year return on $44,751 initial cash invested.
-11.26%
Cash On Cash
4.45%
Cap Rate
0.69
DSCR
$1,387
Rent
-$420
Cashflow
Cash Flow
$1,387 income − $1,807 expenses = $420 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,751
Downpayment
20%
$42,620
Closing costs
1%
$2,131
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,387
Total Expenses
$1,807
Mortgage P&I
82%
$1,141
Property Taxes
16%
$228
Home Insurance
6%
$78
HOA
0%
$0
Property Management
10%
$139
CapEx
5%
$69
Vacancy
6%
$83
Maintenance
5%
$69
Other
0%
$0