This property looks like a bad Long-Term investment with a projected -8.41% first-year return on $44,814 initial cash invested.
-8.41%
Cash On Cash
5.24%
Cap Rate
0.8
DSCR
$1,558
Rent
-$314
Cashflow
Cash Flow
$1,558 income − $1,872 expenses = $314 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
$1,558
Total Expenses
$1,872
Mortgage P&I
75%
$1,168
Property Taxes
14%
$221
Home Insurance
5%
$78
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$93
Maintenance
5%
$78
Other
0%
$0