This property looks like a bad Long-Term investment with a projected -10.42% first-year return on $44,457 initial cash invested.
-10.42%
Cash On Cash
4.98%
Cap Rate
0.75
DSCR
$1,745
Rent
-$386
Cashflow
Cash Flow
$1,745 income − $2,131 expenses = $386 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,457
Downpayment
20%
$42,340
Closing costs
1%
$2,117
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,745
Total Expenses
$2,131
Mortgage P&I
68%
$1,178
Property Taxes
24%
$425
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0