This property looks like a bad Long-Term investment with a projected -12.8% first-year return on $44,079 initial cash invested.
-12.8%
Cash On Cash
4.33%
Cap Rate
0.65
DSCR
$1,199
Rent
-$470
Cashflow
Cash Flow
$1,199 income − $1,669 expenses = $470 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,199
Total Expenses
$1,669
Mortgage P&I
97%
$1,168
Property Taxes
10%
$115
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$120
CapEx
5%
$60
Vacancy
6%
$72
Maintenance
5%
$60
Other
0%
$0