This property looks like a bad Long-Term investment with a projected -10.12% first-year return on $45,297 initial cash invested.
-10.12%
Cash On Cash
4.58%
Cap Rate
0.73
DSCR
$1,666
Rent
-$382
Cashflow
Cash Flow
$1,666 income − $2,048 expenses = $382 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,666
Total Expenses
$2,048
Mortgage P&I
67%
$1,123
Property Taxes
25%
$415
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$167
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0