This property looks like a bad Long-Term investment with a projected -3.21% first-year return on $44,079 initial cash invested.
-3.21%
Cash On Cash
6.41%
Cap Rate
0.97
DSCR
$1,715
Rent
-$118
Cashflow
Cash Flow
$1,715 income − $1,833 expenses = $118 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.3%
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
$1,715
Total Expenses
$1,833
Mortgage P&I
67%
$1,153
Property Taxes
9%
$156
Home Insurance
4%
$77
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0