This property looks like a bad Long-Term investment with a projected -9.61% first-year return on $44,310 initial cash invested.
-9.61%
Cash On Cash
4.9%
Cap Rate
0.75
DSCR
$1,434
Rent
-$355
Cashflow
Cash Flow
$1,434 income − $1,789 expenses = $355 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,434
Total Expenses
$1,789
Mortgage P&I
80%
$1,144
Property Taxes
13%
$181
Home Insurance
6%
$91
HOA
0%
$0
Property Management
10%
$143
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0