This property looks like a bad Long-Term investment with a projected -15.12% first-year return on $45,465 initial cash invested.
-15.12%
Cash On Cash
4.08%
Cap Rate
0.59
DSCR
$1,361
Rent
-$573
Cashflow
Cash Flow
$1,361 income − $1,934 expenses = $573 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,465
Downpayment
20%
$43,300
Closing costs
1%
$2,165
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,361
Total Expenses
$1,934
Mortgage P&I
91%
$1,241
Property Taxes
19%
$263
Home Insurance
6%
$76
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0