This property looks like a bad Long-Term investment with a projected -5.49% first-year return on $45,906 initial cash invested.
-5.49%
Cash On Cash
5.64%
Cap Rate
0.89
DSCR
$1,617
Rent
-$210
Cashflow
Cash Flow
$1,617 income − $1,827 expenses = $210 out of pocket
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,906
Downpayment
20%
$43,720
Closing costs
1%
$2,186
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,617
Total Expenses
$1,827
Mortgage P&I
71%
$1,156
Property Taxes
11%
$170
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$162
CapEx
5%
$81
Vacancy
6%
$97
Maintenance
5%
$81
Other
0%
$0