This property looks like a bad Long-Term investment with a projected -9.18% first-year return on $44,163 initial cash invested.
-9.18%
Cash On Cash
4.7%
Cap Rate
0.77
DSCR
$1,764
Rent
-$338
Cashflow
Cash Flow
$1,764 income − $2,102 expenses = $338 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,163
Downpayment
20%
$42,060
Closing costs
1%
$2,103
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,764
Total Expenses
$2,102
Mortgage P&I
61%
$1,073
Property Taxes
26%
$466
Home Insurance
6%
$105
HOA
0%
$0
Property Management
10%
$176
CapEx
5%
$88
Vacancy
6%
$106
Maintenance
5%
$88
Other
0%
$0