This property looks like a bad Long-Term investment with a projected -9.63% first-year return on $44,100 initial cash invested.
-9.63%
Cash On Cash
4.91%
Cap Rate
0.75
DSCR
$1,368
Rent
-$354
Cashflow
Cash Flow
$1,368 income − $1,722 expenses = $354 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,368
Total Expenses
$1,722
Mortgage P&I
84%
$1,146
Property Taxes
11%
$147
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$137
CapEx
5%
$68
Vacancy
6%
$82
Maintenance
5%
$68
Other
0%
$0