This property looks like a bad Long-Term investment with a projected -1.12% first-year return on $45,129 initial cash invested.
-1.12%
Cash On Cash
7.03%
Cap Rate
1.04
DSCR
$1,731
Rent
-$42
Cashflow
Cash Flow
$1,731 income − $1,773 expenses = $42 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,129
Downpayment
20%
$42,980
Closing costs
1%
$2,149
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,731
Total Expenses
$1,773
Mortgage P&I
70%
$1,214
Property Taxes
2%
$31
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$173
CapEx
5%
$87
Vacancy
6%
$104
Maintenance
5%
$87
Other
0%
$0