This property looks like a bad Long-Term investment with a projected -1.67% first-year return on $45,150 initial cash invested.
-1.67%
Cash On Cash
7%
Cap Rate
1.05
DSCR
$2,510
Rent
-$63
Cashflow
Cash Flow
$2,510 income − $2,573 expenses = $63 out of pocket
Investment Breakdown
|
Purchase Price
$215k
Downpayment
20.0%
Interest Rate
7.4%
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
$2,510
Total Expenses
$2,573
Mortgage P&I
47%
$1,191
Property Taxes
26%
$653
Home Insurance
3%
$75
HOA
0%
$0
Property Management
10%
$251
CapEx
5%
$126
Vacancy
6%
$151
Maintenance
5%
$126
Other
0%
$0