This property looks like a bad Long-Term investment with a projected -20.77% first-year return on $225k initial cash invested.
-20.77%
Cash On Cash
2.53%
Cap Rate
0.38
DSCR
$5,363
Rent
-$3,888
Cashflow
Cash Flow
$5,363 income − $9,251 expenses = $3,888 out of pocket
Investment Breakdown
|
Purchase Price
$1070k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$225k
Downpayment
20%
$214k
Closing costs
1%
$10,695
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,363
Total Expenses
$9,251
Mortgage P&I
110%
$5,873
Property Taxes
20%
$1,070
Home Insurance
7%
$384
HOA
10%
$530
Property Management
10%
$536
CapEx
5%
$268
Vacancy
6%
$322
Maintenance
5%
$268
Other
0%
$0