This property looks like a bad Long-Term investment with a projected -0.82% first-year return on $44,016 initial cash invested.
-0.82%
Cash On Cash
7.19%
Cap Rate
1.05
DSCR
$1,886
Rent
-$30
Cashflow
Cash Flow
$1,886 income − $1,916 expenses = $30 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,016
Downpayment
20%
$41,920
Closing costs
1%
$2,096
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,886
Total Expenses
$1,916
Mortgage P&I
63%
$1,191
Property Taxes
8%
$160
Home Insurance
4%
$75
HOA
0%
$0
Property Management
10%
$189
CapEx
5%
$94
Vacancy
6%
$113
Maintenance
5%
$94
Other
0%
$0