This property looks like a bad Long-Term investment with a projected -0.21% first-year return on $45,444 initial cash invested.
-0.21%
Cash On Cash
7.09%
Cap Rate
1.07
DSCR
$1,838
Rent
-$8
Cashflow
Cash Flow
$1,838 income − $1,846 expenses = $8 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,838
Total Expenses
$1,846
Mortgage P&I
65%
$1,194
Property Taxes
5%
$94
Home Insurance
4%
$80
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$110
Maintenance
5%
$92
Other
0%
$0