This property looks like a bad Long-Term investment with a projected -5.09% first-year return on $44,058 initial cash invested.
-5.09%
Cash On Cash
5.81%
Cap Rate
0.9
DSCR
$1,420
Rent
-$187
Cashflow
Cash Flow
$1,420 income − $1,607 expenses = $187 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,058
Downpayment
20%
$41,960
Closing costs
1%
$2,098
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,420
Total Expenses
$1,607
Mortgage P&I
80%
$1,132
Property Taxes
4%
$58
Home Insurance
3%
$48
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0