This property looks like a bad Long-Term investment with a projected -19.02% first-year return on $239k initial cash invested.
-19.02%
Cash On Cash
2.66%
Cap Rate
0.42
DSCR
$5,356
Rent
-$3,781
Cashflow
Cash Flow
$5,356 income − $9,137 expenses = $3,781 out of pocket
Investment Breakdown
|
Purchase Price
$1136k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$239k
Downpayment
20%
$227k
Closing costs
1%
$11,359
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,356
Total Expenses
$9,137
Mortgage P&I
113%
$6,030
Property Taxes
24%
$1,264
Home Insurance
8%
$450
HOA
0%
$0
Property Management
10%
$536
CapEx
5%
$268
Vacancy
6%
$321
Maintenance
5%
$268
Other
0%
$0