This property looks like a bad Long-Term investment with a projected -22.42% first-year return on $211k initial cash invested.
-22.42%
Cash On Cash
2.05%
Cap Rate
0.32
DSCR
$4,587
Rent
-$3,950
Cashflow
Cash Flow
$4,587 income − $8,537 expenses = $3,950 out of pocket
Investment Breakdown
|
Purchase Price
$1007k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$211k
Downpayment
20%
$201k
Closing costs
1%
$10,066
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,587
Total Expenses
$8,537
Mortgage P&I
119%
$5,441
Property Taxes
36%
$1,642
Home Insurance
6%
$262
HOA
0%
$0
Property Management
10%
$459
CapEx
5%
$229
Vacancy
6%
$275
Maintenance
5%
$229
Other
0%
$0