This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $44,079 initial cash invested.
-8.52%
Cash On Cash
4.86%
Cap Rate
0.77
DSCR
$1,320
Rent
-$313
Cashflow
Cash Flow
$1,320 income − $1,633 expenses = $313 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,320
Total Expenses
$1,633
Mortgage P&I
83%
$1,097
Property Taxes
9%
$119
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$132
CapEx
5%
$66
Vacancy
6%
$79
Maintenance
5%
$66
Other
0%
$0