This property looks like a bad Long-Term investment with a projected -2.14% first-year return on $45,444 initial cash invested.
-2.14%
Cash On Cash
6.31%
Cap Rate
1
DSCR
$1,647
Rent
-$81
Cashflow
Cash Flow
$1,647 income − $1,728 expenses = $81 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,444
Downpayment
20%
$43,280
Closing costs
1%
$2,164
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,647
Total Expenses
$1,728
Mortgage P&I
69%
$1,137
Property Taxes
5%
$86
Home Insurance
5%
$77
HOA
0%
$0
Property Management
10%
$165
CapEx
5%
$82
Vacancy
6%
$99
Maintenance
5%
$82
Other
0%
$0