This property looks like a bad Long-Term investment with a projected -9.96% first-year return on $46,386 initial cash invested.
-9.96%
Cash On Cash
5.11%
Cap Rate
0.75
DSCR
$1,356
Rent
-$385
Cashflow
Cash Flow
$1,356 income − $1,741 expenses = $385 out of pocket
Investment Breakdown
|
Purchase Price
$221k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$46,386
Downpayment
20%
$44,177
Closing costs
1%
$2,209
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,356
Total Expenses
$1,741
Mortgage P&I
93%
$1,258
Property Taxes
3%
$42
Home Insurance
6%
$88
HOA
0%
$0
Property Management
10%
$136
CapEx
5%
$68
Vacancy
6%
$81
Maintenance
5%
$68
Other
0%
$0