This property looks like a bad Long-Term investment with a projected -10.33% first-year return on $45,297 initial cash invested.
-10.33%
Cash On Cash
5.03%
Cap Rate
0.74
DSCR
$1,527
Rent
-$390
Cashflow
Cash Flow
$1,527 income − $1,917 expenses = $390 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,527
Total Expenses
$1,917
Mortgage P&I
80%
$1,218
Property Taxes
15%
$225
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$153
CapEx
5%
$76
Vacancy
6%
$92
Maintenance
5%
$76
Other
0%
$0