This property looks like a bad Long-Term investment with a projected -9.57% first-year return on $45,633 initial cash invested.
-9.57%
Cash On Cash
4.99%
Cap Rate
0.75
DSCR
$1,323
Rent
-$364
Cashflow
Cash Flow
$1,323 income − $1,687 expenses = $364 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,633
Downpayment
20%
$43,460
Closing costs
1%
$2,173
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,323
Total Expenses
$1,687
Mortgage P&I
91%
$1,201
Property Taxes
5%
$66
Home Insurance
6%
$77
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0