This property looks like a bad Long-Term investment with a projected -29.46% first-year return on $216k initial cash invested.
-29.46%
Cash On Cash
0.54%
Cap Rate
0.08
DSCR
$3,556
Rent
-$5,313
Cashflow
Cash Flow
$3,556 income − $8,869 expenses = $5,313 out of pocket
Investment Breakdown
|
Purchase Price
$1031k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$216k
Downpayment
20%
$206k
Closing costs
1%
$10,306
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,556
Total Expenses
$8,869
Mortgage P&I
158%
$5,601
Property Taxes
54%
$1,924
Home Insurance
12%
$419
HOA
0%
$0
Property Management
10%
$356
CapEx
5%
$178
Vacancy
6%
$213
Maintenance
5%
$178
Other
0%
$0