This property looks like a bad Long-Term investment with a projected -5.72% first-year return on $45,759 initial cash invested.
-5.72%
Cash On Cash
5.98%
Cap Rate
0.89
DSCR
$1,573
Rent
-$218
Cashflow
Cash Flow
$1,573 income − $1,791 expenses = $218 out of pocket
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,759
Downpayment
20%
$43,580
Closing costs
1%
$2,179
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,573
Total Expenses
$1,791
Mortgage P&I
78%
$1,225
Property Taxes
5%
$81
Home Insurance
5%
$76
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$79
Vacancy
6%
$94
Maintenance
5%
$79
Other
0%
$0