This property looks like a bad Long-Term investment with a projected -5.82% first-year return on $44,100 initial cash invested.
-5.82%
Cash On Cash
5.68%
Cap Rate
0.88
DSCR
$1,476
Rent
-$214
Cashflow
Cash Flow
$1,476 income − $1,690 expenses = $214 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.2%
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
$1,476
Total Expenses
$1,690
Mortgage P&I
77%
$1,134
Property Taxes
7%
$97
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$148
CapEx
5%
$74
Vacancy
6%
$89
Maintenance
5%
$74
Other
0%
$0