This property looks like a bad Long-Term investment with a projected -20.35% first-year return on $238k initial cash invested.
-20.35%
Cash On Cash
2.55%
Cap Rate
0.39
DSCR
$4,679
Rent
-$4,039
Cashflow
Cash Flow
$4,679 income − $8,718 expenses = $4,039 out of pocket
Investment Breakdown
|
Purchase Price
$1134k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$238k
Downpayment
20%
$227k
Closing costs
1%
$11,341
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,679
Total Expenses
$8,718
Mortgage P&I
133%
$6,215
Property Taxes
12%
$543
Home Insurance
9%
$437
HOA
7%
$306
Property Management
10%
$468
CapEx
5%
$234
Vacancy
6%
$281
Maintenance
5%
$234
Other
0%
$0