This property looks like a bad Long-Term investment with a projected -4.66% first-year return on $45,549 initial cash invested.
-4.66%
Cash On Cash
6.03%
Cap Rate
0.92
DSCR
$1,762
Rent
-$177
Cashflow
Cash Flow
$1,762 income − $1,939 expenses = $177 out of pocket
Investment Breakdown
|
Purchase Price
$217k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,549
Downpayment
20%
$43,380
Closing costs
1%
$2,169
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,762
Total Expenses
$1,939
Mortgage P&I
67%
$1,179
Property Taxes
13%
$222
Home Insurance
5%
$80
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0