This property looks like a bad Long-Term investment with a projected -25.2% first-year return on $439k initial cash invested.
-25.2%
Cash On Cash
0.88%
Cap Rate
0.15
DSCR
$5,723
Rent
-$9,224
Cashflow
Cash Flow
$5,723 income − $14,947 expenses = $9,224 out of pocket
Investment Breakdown
|
Purchase Price
$2092k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$439k
Downpayment
20%
$418k
Closing costs
1%
$20,916
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,723
Total Expenses
$14,947
Mortgage P&I
183%
$10,473
Property Taxes
35%
$1,994
Home Insurance
13%
$768
HOA
4%
$225
Property Management
10%
$572
CapEx
5%
$286
Vacancy
6%
$343
Maintenance
5%
$286
Other
0%
$0