This property looks like a bad Long-Term investment with a projected -11.9% first-year return on $46,179 initial cash invested.
-11.9%
Cash On Cash
4.6%
Cap Rate
0.69
DSCR
$1,477
Rent
-$458
Cashflow
Cash Flow
$1,477 income − $1,935 expenses = $458 out of pocket
Investment Breakdown
|
Purchase Price
$220k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,179
Downpayment
20%
$43,980
Closing costs
1%
$2,199
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,477
Total Expenses
$1,935
Mortgage P&I
83%
$1,227
Property Taxes
16%
$243
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0