This property looks like a bad Long-Term investment with a projected -8.06% first-year return on $45,234 initial cash invested.
-8.06%
Cash On Cash
5.55%
Cap Rate
0.81
DSCR
$1,523
Rent
-$304
Cashflow
Cash Flow
$1,523 income − $1,827 expenses = $304 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,234
Downpayment
20%
$43,080
Closing costs
1%
$2,154
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,523
Total Expenses
$1,827
Mortgage P&I
80%
$1,224
Property Taxes
4%
$65
Home Insurance
5%
$80
HOA
4%
$63
Property Management
10%
$152
CapEx
5%
$76
Vacancy
6%
$91
Maintenance
5%
$76
Other
0%
$0