This property looks like a bad Long-Term investment with a projected -11.81% first-year return on $44,100 initial cash invested.
-11.81%
Cash On Cash
4.81%
Cap Rate
0.7
DSCR
$1,462
Rent
-$434
Cashflow
Cash Flow
$1,462 income − $1,896 expenses = $434 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.8%
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
$1,462
Total Expenses
$1,896
Mortgage P&I
82%
$1,203
Property Taxes
16%
$239
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$146
CapEx
5%
$73
Vacancy
6%
$88
Maintenance
5%
$73
Other
0%
$0