This property looks like a bad Long-Term investment with a projected -1.09% first-year return on $44,184 initial cash invested.
-1.09%
Cash On Cash
6.9%
Cap Rate
1.04
DSCR
$1,696
Rent
-$40
Cashflow
Cash Flow
$1,696 income − $1,736 expenses = $40 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,184
Downpayment
20%
$42,080
Closing costs
1%
$2,104
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,696
Total Expenses
$1,736
Mortgage P&I
69%
$1,164
Property Taxes
3%
$51
Home Insurance
5%
$79
HOA
0%
$0
Property Management
10%
$170
CapEx
5%
$85
Vacancy
6%
$102
Maintenance
5%
$85
Other
0%
$0