This property looks like a bad Long-Term investment with a projected -18.68% first-year return on $210k initial cash invested.
-18.68%
Cash On Cash
2.9%
Cap Rate
0.45
DSCR
$5,158
Rent
-$3,269
Cashflow
Cash Flow
$5,158 income − $8,427 expenses = $3,269 out of pocket
Investment Breakdown
|
Purchase Price
$1000k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$210k
Downpayment
20%
$200k
Closing costs
1%
$9,999
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,158
Total Expenses
$8,427
Mortgage P&I
105%
$5,428
Property Taxes
25%
$1,308
Home Insurance
7%
$350
HOA
0%
$0
Property Management
10%
$516
CapEx
5%
$258
Vacancy
6%
$309
Maintenance
5%
$258
Other
0%
$0