This property looks like a bad Long-Term investment with a projected -22.98% first-year return on $221k initial cash invested.
-22.98%
Cash On Cash
1.97%
Cap Rate
0.3
DSCR
$3,886
Rent
-$4,239
Cashflow
Cash Flow
$3,886 income − $8,125 expenses = $4,239 out of pocket
Investment Breakdown
|
Purchase Price
$1054k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$221k
Downpayment
20%
$211k
Closing costs
1%
$10,541
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,886
Total Expenses
$8,125
Mortgage P&I
149%
$5,773
Property Taxes
20%
$787
Home Insurance
10%
$385
HOA
4%
$170
Property Management
10%
$389
CapEx
5%
$194
Vacancy
6%
$233
Maintenance
5%
$194
Other
0%
$0