This property looks like a bad Long-Term investment with a projected -5.74% first-year return on $45,801 initial cash invested.
-5.74%
Cash On Cash
5.79%
Cap Rate
0.88
DSCR
$1,481
Rent
-$219
Cashflow
Cash Flow
$1,481 income − $1,700 expenses = $219 out of pocket
Investment Breakdown
|
Purchase Price
$218k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,801
Downpayment
20%
$43,620
Closing costs
1%
$2,181
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,481
Total Expenses
$1,700
Mortgage P&I
81%
$1,198
Property Taxes
3%
$38
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0