This property looks like a bad Long-Term investment with a projected -24.6% first-year return on $225k initial cash invested.
-24.6%
Cash On Cash
1.08%
Cap Rate
0.18
DSCR
$4,075
Rent
-$4,612
Cashflow
Cash Flow
$4,075 income − $8,687 expenses = $4,612 out of pocket
Investment Breakdown
|
Purchase Price
$1071k
Downpayment
20.0%
Interest Rate
6.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$214k
Closing costs
1%
$10,713
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,075
Total Expenses
$8,687
Mortgage P&I
132%
$5,373
Property Taxes
38%
$1,565
Home Insurance
12%
$481
HOA
5%
$208
Property Management
10%
$408
CapEx
5%
$204
Vacancy
6%
$244
Maintenance
5%
$204
Other
0%
$0