This property looks like a bad Long-Term investment with a projected -12.49% first-year return on $44,478 initial cash invested.
-12.49%
Cash On Cash
4.54%
Cap Rate
0.68
DSCR
$1,532
Rent
-$463
Cashflow
Cash Flow
$1,532 income − $1,995 expenses = $463 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,478
Downpayment
20%
$42,360
Closing costs
1%
$2,118
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,532
Total Expenses
$1,995
Mortgage P&I
78%
$1,188
Property Taxes
22%
$333
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$77
Vacancy
6%
$92
Maintenance
5%
$77
Other
0%
$0