This property looks like a bad Long-Term investment with a projected -20.07% first-year return on $213k initial cash invested.
-20.07%
Cash On Cash
2.19%
Cap Rate
0.36
DSCR
$4,122
Rent
-$3,570
Cashflow
Cash Flow
$4,122 income − $7,692 expenses = $3,570 out of pocket
Investment Breakdown
|
Purchase Price
$1016k
Downpayment
20.0%
Interest Rate
6.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$213k
Downpayment
20%
$203k
Closing costs
1%
$10,163
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,122
Total Expenses
$7,692
Mortgage P&I
127%
$5,219
Property Taxes
22%
$897
Home Insurance
9%
$355
HOA
4%
$150
Property Management
10%
$412
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0