This property looks like a bad Long-Term investment with a projected -11.27% first-year return on $44,100 initial cash invested.
-11.27%
Cash On Cash
4.6%
Cap Rate
0.7
DSCR
$1,497
Rent
-$414
Cashflow
Cash Flow
$1,497 income − $1,911 expenses = $414 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,100
Downpayment
20%
$42,000
Closing costs
1%
$2,100
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,497
Total Expenses
$1,911
Mortgage P&I
76%
$1,144
Property Taxes
20%
$303
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$150
CapEx
5%
$75
Vacancy
6%
$90
Maintenance
5%
$75
Other
0%
$0