This property looks like a bad Long-Term investment with a projected -20.03% first-year return on $238k initial cash invested.
-20.03%
Cash On Cash
2.57%
Cap Rate
0.39
DSCR
$5,085
Rent
-$3,968
Cashflow
Cash Flow
$5,085 income − $9,053 expenses = $3,968 out of pocket
Investment Breakdown
|
Purchase Price
$1132k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$238k
Downpayment
20%
$226k
Closing costs
1%
$11,320
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,085
Total Expenses
$9,053
Mortgage P&I
121%
$6,134
Property Taxes
24%
$1,202
Home Insurance
8%
$396
HOA
0%
$0
Property Management
10%
$508
CapEx
5%
$254
Vacancy
6%
$305
Maintenance
5%
$254
Other
0%
$0