This property looks like a bad Long-Term investment with a projected -15.53% first-year return on $44,205 initial cash invested.
-15.53%
Cash On Cash
3.73%
Cap Rate
0.57
DSCR
$1,419
Rent
-$572
Cashflow
Cash Flow
$1,419 income − $1,991 expenses = $572 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,205
Downpayment
20%
$42,100
Closing costs
1%
$2,105
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,419
Total Expenses
$1,991
Mortgage P&I
81%
$1,155
Property Taxes
27%
$390
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0