This property looks like a bad Long-Term investment with a projected -25.07% first-year return on $212k initial cash invested.
-25.07%
Cash On Cash
1.41%
Cap Rate
0.22
DSCR
$3,861
Rent
-$4,440
Cashflow
Cash Flow
$3,861 income − $8,301 expenses = $4,440 out of pocket
Investment Breakdown
|
Purchase Price
$1012k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$212k
Downpayment
20%
$202k
Closing costs
1%
$10,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,861
Total Expenses
$8,301
Mortgage P&I
141%
$5,433
Property Taxes
39%
$1,519
Home Insurance
9%
$345
HOA
0%
$0
Property Management
10%
$386
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0