This property looks like a bad Long-Term investment with a projected -5.15% first-year return on $45,864 initial cash invested.
-5.15%
Cash On Cash
5.76%
Cap Rate
0.9
DSCR
$1,627
Rent
-$197
Cashflow
Cash Flow
$1,627 income − $1,824 expenses = $197 out of pocket
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,627
Total Expenses
$1,824
Mortgage P&I
72%
$1,164
Property Taxes
10%
$165
Home Insurance
4%
$72
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0