This property looks like a bad Long-Term investment with a projected -6.49% first-year return on $44,562 initial cash invested.
-6.49%
Cash On Cash
5.92%
Cap Rate
0.87
DSCR
$1,736
Rent
-$241
Cashflow
Cash Flow
$1,736 income − $1,977 expenses = $241 out of pocket
Investment Breakdown
|
Purchase Price
$212k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,562
Downpayment
20%
$42,440
Closing costs
1%
$2,122
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,736
Total Expenses
$1,977
Mortgage P&I
69%
$1,201
Property Taxes
14%
$249
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$174
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0