This property looks like a bad Long-Term investment with a projected -8.49% first-year return on $44,079 initial cash invested.
-8.49%
Cash On Cash
5.15%
Cap Rate
0.79
DSCR
$1,437
Rent
-$312
Cashflow
Cash Flow
$1,437 income − $1,749 expenses = $312 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,079
Downpayment
20%
$41,980
Closing costs
1%
$2,099
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,437
Total Expenses
$1,749
Mortgage P&I
79%
$1,141
Property Taxes
11%
$159
Home Insurance
5%
$75
HOA
0%
$0
Property Management
10%
$144
CapEx
5%
$72
Vacancy
6%
$86
Maintenance
5%
$72
Other
0%
$0