This property looks like a bad Long-Term investment with a projected -2.33% first-year return on $44,751 initial cash invested.
-2.33%
Cash On Cash
6.5%
Cap Rate
0.99
DSCR
$1,624
Rent
-$87
Cashflow
Cash Flow
$1,624 income − $1,711 expenses = $87 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,751
Downpayment
20%
$42,620
Closing costs
1%
$2,131
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,624
Total Expenses
$1,711
Mortgage P&I
71%
$1,160
Property Taxes
3%
$54
Home Insurance
5%
$76
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0