This property looks like a bad Long-Term investment with a projected -8.01% first-year return on $44,646 initial cash invested.
-8.01%
Cash On Cash
5.39%
Cap Rate
0.81
DSCR
$1,397
Rent
-$298
Cashflow
Cash Flow
$1,397 income − $1,695 expenses = $298 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,646
Downpayment
20%
$42,520
Closing costs
1%
$2,126
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,397
Total Expenses
$1,695
Mortgage P&I
85%
$1,183
Property Taxes
3%
$44
Home Insurance
5%
$74
HOA
2%
$30
Property Management
10%
$140
CapEx
5%
$70
Vacancy
6%
$84
Maintenance
5%
$70
Other
0%
$0