This property looks like a bad Long-Term investment with a projected -11.56% first-year return on $45,381 initial cash invested.
-11.56%
Cash On Cash
4.58%
Cap Rate
0.69
DSCR
$1,367
Rent
-$437
Cashflow
Cash Flow
$1,367 income − $1,804 expenses = $437 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,381
Downpayment
20%
$43,220
Closing costs
1%
$2,161
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,367
Total Expenses
$1,804
Mortgage P&I
87%
$1,194
Property Taxes
11%
$157
Home Insurance
5%
$70
HOA
2%
$28
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0