This property looks like a bad Long-Term investment with a projected -3.01% first-year return on $44,205 initial cash invested.
-3.01%
Cash On Cash
6.42%
Cap Rate
0.98
DSCR
$1,681
Rent
-$111
Cashflow
Cash Flow
$1,681 income − $1,792 expenses = $111 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,205
Downpayment
20%
$42,100
Closing costs
1%
$2,105
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,681
Total Expenses
$1,792
Mortgage P&I
69%
$1,154
Property Taxes
7%
$118
Home Insurance
5%
$83
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0