This property looks like a bad Long-Term investment with a projected -7.79% first-year return on $46,242 initial cash invested.
-7.79%
Cash On Cash
5.47%
Cap Rate
0.82
DSCR
$1,465
Rent
-$300
Cashflow
Cash Flow
$1,465 income − $1,765 expenses = $300 out of pocket
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,242
Downpayment
20%
$44,040
Closing costs
1%
$2,202
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,465
Total Expenses
$1,765
Mortgage P&I
84%
$1,231
Property Taxes
5%
$68
Home Insurance
6%
$86
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0