This property looks like a bad Long-Term investment with a projected -9.3% first-year return on $44,121 initial cash invested.
-9.3%
Cash On Cash
4.96%
Cap Rate
0.77
DSCR
$1,568
Rent
-$342
Cashflow
Cash Flow
$1,568 income − $1,910 expenses = $342 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,121
Downpayment
20%
$42,020
Closing costs
1%
$2,101
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,568
Total Expenses
$1,910
Mortgage P&I
72%
$1,132
Property Taxes
19%
$296
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$157
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0