This property looks like a bad Long-Term investment with a projected -8.52% first-year return on $44,100 initial cash invested.
-8.52%
Cash On Cash
5.22%
Cap Rate
0.79
DSCR
$1,345
Rent
-$313
Cashflow
Cash Flow
$1,345 income − $1,658 expenses = $313 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.4%
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
$1,345
Total Expenses
$1,658
Mortgage P&I
86%
$1,160
Property Taxes
6%
$75
Home Insurance
6%
$74
HOA
0%
$0
Property Management
10%
$134
CapEx
5%
$67
Vacancy
6%
$81
Maintenance
5%
$67
Other
0%
$0