This property looks like a bad Long-Term investment with a projected -0.24% first-year return on $44,247 initial cash invested.
-0.24%
Cash On Cash
6.92%
Cap Rate
1.07
DSCR
$1,782
Rent
-$9
Cashflow
Cash Flow
$1,782 income − $1,791 expenses = $9 out of pocket
Investment Breakdown
|
Purchase Price
$211k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,247
Downpayment
20%
$42,140
Closing costs
1%
$2,107
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,782
Total Expenses
$1,791
Mortgage P&I
64%
$1,135
Property Taxes
7%
$119
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$178
CapEx
5%
$89
Vacancy
6%
$107
Maintenance
5%
$89
Other
0%
$0