This property looks like a bad Long-Term investment with a projected -23.62% first-year return on $225k initial cash invested.
-23.62%
Cash On Cash
1.32%
Cap Rate
0.21
DSCR
$2,771
Rent
-$4,424
Cashflow
Cash Flow
$2,771 income − $7,195 expenses = $4,424 out of pocket
Investment Breakdown
|
Purchase Price
$1070k
Downpayment
20.0%
Interest Rate
6.6%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$214k
Closing costs
1%
$10,702
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,771
Total Expenses
$7,195
Mortgage P&I
197%
$5,458
Property Taxes
22%
$622
Home Insurance
14%
$394
HOA
0%
$0
Property Management
10%
$277
CapEx
5%
$139
Vacancy
6%
$166
Maintenance
5%
$139
Other
0%
$0