This property looks like a bad Long-Term investment with a projected -0.98% first-year return on $45,339 initial cash invested.
-0.98%
Cash On Cash
6.47%
Cap Rate
1.04
DSCR
$1,663
Rent
-$37
Cashflow
Cash Flow
$1,663 income − $1,700 expenses = $37 out of pocket
Investment Breakdown
|
Purchase Price
$216k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,339
Downpayment
20%
$43,180
Closing costs
1%
$2,159
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,663
Total Expenses
$1,700
Mortgage P&I
67%
$1,118
Property Taxes
4%
$71
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$166
CapEx
5%
$83
Vacancy
6%
$100
Maintenance
5%
$83
Other
0%
$0