This property looks like a bad Long-Term investment with a projected -5.87% first-year return on $44,541 initial cash invested.
-5.87%
Cash On Cash
6.04%
Cap Rate
0.9
DSCR
$1,902
Rent
-$218
Cashflow
Cash Flow
$1,902 income − $2,120 expenses = $218 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,541
Downpayment
20%
$42,420
Closing costs
1%
$2,121
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,902
Total Expenses
$2,120
Mortgage P&I
63%
$1,191
Property Taxes
19%
$370
Home Insurance
3%
$65
HOA
0%
$0
Property Management
10%
$190
CapEx
5%
$95
Vacancy
6%
$114
Maintenance
5%
$95
Other
0%
$0