This property looks like a bad Long-Term investment with a projected -5.12% first-year return on $46,620 initial cash invested.
-5.12%
Cash On Cash
5.68%
Cap Rate
0.9
DSCR
$1,548
Rent
-$199
Cashflow
Cash Flow
$1,548 income − $1,747 expenses = $199 out of pocket
Investment Breakdown
|
Purchase Price
$222k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,620
Downpayment
20%
$44,400
Closing costs
1%
$2,220
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,548
Total Expenses
$1,747
Mortgage P&I
76%
$1,172
Property Taxes
6%
$95
Home Insurance
5%
$78
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0