This property looks like a bad Long-Term investment with a projected -27.09% first-year return on $215k initial cash invested.
-27.09%
Cash On Cash
0.79%
Cap Rate
0.12
DSCR
$1,872
Rent
-$4,861
Cashflow
Cash Flow
$1,872 income − $6,733 expenses = $4,861 out of pocket
Investment Breakdown
|
Purchase Price
$1026k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$215k
Downpayment
20%
$205k
Closing costs
1%
$10,255
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,872
Total Expenses
$6,733
Mortgage P&I
291%
$5,439
Property Taxes
23%
$428
Home Insurance
20%
$379
HOA
0%
$0
Property Management
10%
$187
CapEx
5%
$94
Vacancy
6%
$112
Maintenance
5%
$94
Other
0%
$0