This property looks like a bad Long-Term investment with a projected -25.9% first-year return on $216k initial cash invested.
-25.9%
Cash On Cash
1.42%
Cap Rate
0.21
DSCR
$3,771
Rent
-$4,651
Cashflow
Cash Flow
$3,771 income − $8,422 expenses = $4,651 out of pocket
Investment Breakdown
|
Purchase Price
$1026k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$216k
Downpayment
20%
$205k
Closing costs
1%
$10,263
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,771
Total Expenses
$8,422
Mortgage P&I
151%
$5,677
Property Taxes
27%
$1,024
Home Insurance
10%
$368
HOA
10%
$372
Property Management
10%
$377
CapEx
5%
$189
Vacancy
6%
$226
Maintenance
5%
$189
Other
0%
$0