This property looks like a bad Long-Term investment with a projected -0.27% first-year return on $45,150 initial cash invested.
-0.27%
Cash On Cash
6.79%
Cap Rate
1.09
DSCR
$2,216
Rent
-$10
Cashflow
Cash Flow
$2,216 income − $2,226 expenses = $10 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,150
Downpayment
20%
$43,000
Closing costs
1%
$2,150
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,216
Total Expenses
$2,226
Mortgage P&I
50%
$1,116
Property Taxes
21%
$458
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$222
CapEx
5%
$111
Vacancy
6%
$133
Maintenance
5%
$111
Other
0%
$0