This property looks like a bad Long-Term investment with a projected -14.34% first-year return on $44,100 initial cash invested.
-14.34%
Cash On Cash
4.1%
Cap Rate
0.61
DSCR
$1,247
Rent
-$527
Cashflow
Cash Flow
$1,247 income − $1,774 expenses = $527 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,247
Total Expenses
$1,774
Mortgage P&I
95%
$1,182
Property Taxes
16%
$194
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$125
CapEx
5%
$62
Vacancy
6%
$75
Maintenance
5%
$62
Other
0%
$0