This property looks like a bad Long-Term investment with a projected -23.32% first-year return on $225k initial cash invested.
-23.32%
Cash On Cash
2%
Cap Rate
0.3
DSCR
$4,683
Rent
-$4,371
Cashflow
Cash Flow
$4,683 income − $9,054 expenses = $4,371 out of pocket
Investment Breakdown
|
Purchase Price
$1071k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$214k
Closing costs
1%
$10,710
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,683
Total Expenses
$9,054
Mortgage P&I
127%
$5,926
Property Taxes
24%
$1,136
Home Insurance
8%
$385
HOA
8%
$390
Property Management
10%
$468
CapEx
5%
$234
Vacancy
6%
$281
Maintenance
5%
$234
Other
0%
$0