This property looks like a bad Long-Term investment with a projected -5.73% first-year return on $45,255 initial cash invested.
-5.73%
Cash On Cash
6.04%
Cap Rate
0.9
DSCR
$1,855
Rent
-$216
Cashflow
Cash Flow
$1,855 income − $2,071 expenses = $216 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,255
Downpayment
20%
$43,100
Closing costs
1%
$2,155
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,855
Total Expenses
$2,071
Mortgage P&I
65%
$1,207
Property Taxes
16%
$304
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$186
CapEx
5%
$93
Vacancy
6%
$111
Maintenance
5%
$93
Other
0%
$0