This property looks like a bad Long-Term investment with a projected -19.02% first-year return on $45,297 initial cash invested.
-19.02%
Cash On Cash
3%
Cap Rate
0.45
DSCR
$929
Rent
-$718
Cashflow
Cash Flow
$929 income − $1,647 expenses = $718 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,297
Downpayment
20%
$43,140
Closing costs
1%
$2,157
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$929
Total Expenses
$1,647
Mortgage P&I
130%
$1,212
Property Taxes
12%
$115
Home Insurance
9%
$79
HOA
0%
$0
Property Management
10%
$93
CapEx
5%
$46
Vacancy
6%
$56
Maintenance
5%
$46
Other
0%
$0