This property looks like a bad Long-Term investment with a projected -3.86% first-year return on $44,100 initial cash invested.
-3.86%
Cash On Cash
6.39%
Cap Rate
0.95
DSCR
$1,677
Rent
-$142
Cashflow
Cash Flow
$1,677 income − $1,819 expenses = $142 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,677
Total Expenses
$1,819
Mortgage P&I
70%
$1,176
Property Taxes
8%
$132
Home Insurance
4%
$74
HOA
0%
$0
Property Management
10%
$168
CapEx
5%
$84
Vacancy
6%
$101
Maintenance
5%
$84
Other
0%
$0