This property looks like a bad Long-Term investment with a projected -10.13% first-year return on $45,591 initial cash invested.
-10.13%
Cash On Cash
4.67%
Cap Rate
0.73
DSCR
$1,329
Rent
-$385
Cashflow
Cash Flow
$1,329 income − $1,714 expenses = $385 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,591
Downpayment
20%
$43,420
Closing costs
1%
$2,171
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,329
Total Expenses
$1,714
Mortgage P&I
88%
$1,163
Property Taxes
10%
$127
Home Insurance
6%
$79
HOA
0%
$0
Property Management
10%
$133
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0