This property looks like a bad Long-Term investment with a projected -5.03% first-year return on $45,297 initial cash invested.
-5.03%
Cash On Cash
5.82%
Cap Rate
0.9
DSCR
$1,589
Rent
-$190
Cashflow
Cash Flow
$1,589 income − $1,779 expenses = $190 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,589
Total Expenses
$1,779
Mortgage P&I
73%
$1,157
Property Taxes
7%
$117
Home Insurance
6%
$93
HOA
0%
$0
Property Management
10%
$159
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0