This property looks like a bad Long-Term investment with a projected -11.52% first-year return on $44,079 initial cash invested.
-11.52%
Cash On Cash
4.41%
Cap Rate
0.68
DSCR
$1,277
Rent
-$423
Cashflow
Cash Flow
$1,277 income − $1,700 expenses = $423 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,277
Total Expenses
$1,700
Mortgage P&I
88%
$1,130
Property Taxes
13%
$163
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$128
CapEx
5%
$64
Vacancy
6%
$77
Maintenance
5%
$64
Other
0%
$0