This property looks like a bad Long-Term investment with a projected -4.97% first-year return on $45,864 initial cash invested.
-4.97%
Cash On Cash
5.88%
Cap Rate
0.91
DSCR
$1,577
Rent
-$190
Cashflow
Cash Flow
$1,577 income − $1,767 expenses = $190 out of pocket
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,864
Downpayment
20%
$43,680
Closing costs
1%
$2,184
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,577
Total Expenses
$1,767
Mortgage P&I
75%
$1,182
Property Taxes
6%
$95
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0