This property looks like a bad Long-Term investment with a projected -5.61% first-year return on $44,100 initial cash invested.
-5.61%
Cash On Cash
6.07%
Cap Rate
0.9
DSCR
$1,676
Rent
-$206
Cashflow
Cash Flow
$1,676 income − $1,882 expenses = $206 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.6%
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
$1,676
Total Expenses
$1,882
Mortgage P&I
71%
$1,184
Property Taxes
11%
$187
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0