This property looks like a bad Long-Term investment with a projected -12.67% first-year return on $44,310 initial cash invested.
-12.67%
Cash On Cash
4.22%
Cap Rate
0.65
DSCR
$1,332
Rent
-$468
Cashflow
Cash Flow
$1,332 income − $1,800 expenses = $468 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
$1,332
Total Expenses
$1,800
Mortgage P&I
86%
$1,143
Property Taxes
17%
$233
Home Insurance
6%
$77
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$67
Vacancy
6%
$80
Maintenance
5%
$67
Other
0%
$0