This property looks like a bad Long-Term investment with a projected -5.28% first-year return on $44,310 initial cash invested.
-5.28%
Cash On Cash
6.07%
Cap Rate
0.91
DSCR
$1,770
Rent
-$195
Cashflow
Cash Flow
$1,770 income − $1,965 expenses = $195 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,310
Downpayment
20%
$42,200
Closing costs
1%
$2,110
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,770
Total Expenses
$1,965
Mortgage P&I
66%
$1,174
Property Taxes
15%
$258
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0