This property looks like a bad Long-Term investment with a projected -13.71% first-year return on $45,255 initial cash invested.
-13.71%
Cash On Cash
3.95%
Cap Rate
0.61
DSCR
$1,325
Rent
-$517
Cashflow
Cash Flow
$1,325 income − $1,842 expenses = $517 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.1%
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
$1,325
Total Expenses
$1,842
Mortgage P&I
88%
$1,161
Property Taxes
20%
$260
Home Insurance
6%
$77
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$80
Maintenance
5%
$66
Other
0%
$0