This property looks like a bad Long-Term investment with a projected -7.56% first-year return on $44,142 initial cash invested.
-7.56%
Cash On Cash
5.51%
Cap Rate
0.83
DSCR
$1,626
Rent
-$278
Cashflow
Cash Flow
$1,626 income − $1,904 expenses = $278 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,142
Downpayment
20%
$42,040
Closing costs
1%
$2,102
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,626
Total Expenses
$1,904
Mortgage P&I
72%
$1,163
Property Taxes
15%
$244
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$163
CapEx
5%
$81
Vacancy
6%
$98
Maintenance
5%
$81
Other
0%
$0