This property looks like a bad Long-Term investment with a projected -0.52% first-year return on $45,990 initial cash invested.
-0.52%
Cash On Cash
6.85%
Cap Rate
1.06
DSCR
$1,766
Rent
-$20
Cashflow
Cash Flow
$1,766 income − $1,786 expenses = $20 out of pocket
Investment Breakdown
|
Purchase Price
$219k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$45,990
Downpayment
20%
$43,800
Closing costs
1%
$2,190
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,766
Total Expenses
$1,786
Mortgage P&I
67%
$1,183
Property Taxes
4%
$67
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$177
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0