This property looks like a bad Long-Term investment with a projected -4.61% first-year return on $45,339 initial cash invested.
-4.61%
Cash On Cash
6.47%
Cap Rate
0.95
DSCR
$2,193
Rent
-$174
Cashflow
Cash Flow
$2,193 income − $2,367 expenses = $174 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,339
Downpayment
20%
$43,180
Closing costs
1%
$2,159
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,193
Total Expenses
$2,367
Mortgage P&I
56%
$1,228
Property Taxes
17%
$363
Home Insurance
4%
$77
HOA
6%
$128
Property Management
10%
$219
CapEx
5%
$110
Vacancy
6%
$132
Maintenance
5%
$110
Other
0%
$0