This property looks like a bad Long-Term investment with a projected -12.41% first-year return on $45,360 initial cash invested.
-12.41%
Cash On Cash
4.32%
Cap Rate
0.65
DSCR
$1,121
Rent
-$469
Cashflow
Cash Flow
$1,121 income − $1,590 expenses = $469 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,360
Downpayment
20%
$43,200
Closing costs
1%
$2,160
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,121
Total Expenses
$1,590
Mortgage P&I
106%
$1,190
Property Taxes
3%
$33
Home Insurance
7%
$76
HOA
0%
$0
Property Management
10%
$112
CapEx
5%
$56
Vacancy
6%
$67
Maintenance
5%
$56
Other
0%
$0