This property looks like a bad Long-Term investment with a projected -3.62% first-year return on $44,436 initial cash invested.
-3.62%
Cash On Cash
6.16%
Cap Rate
0.95
DSCR
$1,636
Rent
-$134
Cashflow
Cash Flow
$1,636 income − $1,770 expenses = $134 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,436
Downpayment
20%
$42,320
Closing costs
1%
$2,116
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,636
Total Expenses
$1,770
Mortgage P&I
70%
$1,138
Property Taxes
8%
$131
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$164
CapEx
5%
$82
Vacancy
6%
$98
Maintenance
5%
$82
Other
0%
$0