This property looks like a bad Long-Term investment with a projected -24.22% first-year return on $226k initial cash invested.
-24.22%
Cash On Cash
1.05%
Cap Rate
0.17
DSCR
$1,747
Rent
-$4,557
Cashflow
Cash Flow
$1,747 income − $6,304 expenses = $4,557 out of pocket
Investment Breakdown
|
Purchase Price
$1075k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$226k
Downpayment
20%
$215k
Closing costs
1%
$10,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,747
Total Expenses
$6,304
Mortgage P&I
310%
$5,414
Property Taxes
3%
$60
Home Insurance
22%
$376
HOA
0%
$0
Property Management
10%
$175
CapEx
5%
$87
Vacancy
6%
$105
Maintenance
5%
$87
Other
0%
$0