This property looks like a bad Long-Term investment with a projected -8.34% first-year return on $44,037 initial cash invested.
-8.34%
Cash On Cash
5.41%
Cap Rate
0.81
DSCR
$1,581
Rent
-$306
Cashflow
Cash Flow
$1,581 income − $1,887 expenses = $306 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$44,037
Downpayment
20%
$41,940
Closing costs
1%
$2,097
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,581
Total Expenses
$1,887
Mortgage P&I
74%
$1,173
Property Taxes
14%
$229
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$158
CapEx
5%
$79
Vacancy
6%
$95
Maintenance
5%
$79
Other
0%
$0