This property looks like a bad Long-Term investment with a projected 0% first-year return on $46,158 initial cash invested.
0%
Cash On Cash
6.85%
Cap Rate
1.08
DSCR
$1,832
Rent
$0
Cashflow
Cash Flow
$1,832 income − $1,832 expenses = $0 cash flow
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,158
Downpayment
20%
$43,960
Closing costs
1%
$2,198
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,832
Total Expenses
$1,832
Mortgage P&I
63%
$1,163
Property Taxes
6%
$112
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$183
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0