This property looks like a bad Long-Term investment with a projected -13.45% first-year return on $238k initial cash invested.
-13.45%
Cash On Cash
4.06%
Cap Rate
0.62
DSCR
$6,892
Rent
-$2,667
Cashflow
Cash Flow
$6,892 income − $9,559 expenses = $2,667 out of pocket
Investment Breakdown
|
Purchase Price
$1133k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$238k
Downpayment
20%
$227k
Closing costs
1%
$11,332
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$6,892
Total Expenses
$9,559
Mortgage P&I
89%
$6,153
Property Taxes
16%
$1,097
Home Insurance
6%
$394
HOA
2%
$122
Property Management
10%
$689
CapEx
5%
$345
Vacancy
6%
$414
Maintenance
5%
$345
Other
0%
$0