This property looks like a bad Long-Term investment with a projected -9.12% first-year return on $44,079 initial cash invested.
-9.12%
Cash On Cash
5.22%
Cap Rate
0.78
DSCR
$1,546
Rent
-$335
Cashflow
Cash Flow
$1,546 income − $1,881 expenses = $335 out of pocket
Investment Breakdown
|
Purchase Price
$210k
Downpayment
20.0%
Interest Rate
7.5%
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
$1,546
Total Expenses
$1,881
Mortgage P&I
76%
$1,171
Property Taxes
15%
$234
Home Insurance
5%
$74
HOA
0%
$0
Property Management
10%
$155
CapEx
5%
$77
Vacancy
6%
$93
Maintenance
5%
$77
Other
0%
$0