This property looks like a bad Long-Term investment with a projected -0.86% first-year return on $44,688 initial cash invested.
-0.86%
Cash On Cash
6.63%
Cap Rate
1.05
DSCR
$1,694
Rent
-$32
Cashflow
Cash Flow
$1,694 income − $1,726 expenses = $32 out of pocket
Investment Breakdown
|
Purchase Price
$213k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,688
Downpayment
20%
$42,560
Closing costs
1%
$2,128
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,694
Total Expenses
$1,726
Mortgage P&I
66%
$1,123
Property Taxes
5%
$85
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$169
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0