This property looks like a bad Long-Term investment with a projected -25.23% first-year return on $211k initial cash invested.
-25.23%
Cash On Cash
1.37%
Cap Rate
0.21
DSCR
$2,019
Rent
-$4,442
Cashflow
Cash Flow
$2,019 income − $6,461 expenses = $4,442 out of pocket
Investment Breakdown
|
Purchase Price
$1006k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$211k
Downpayment
20%
$201k
Closing costs
1%
$10,059
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,019
Total Expenses
$6,461
Mortgage P&I
272%
$5,493
Property Taxes
5%
$93
Home Insurance
17%
$350
HOA
0%
$0
Property Management
10%
$202
CapEx
5%
$101
Vacancy
6%
$121
Maintenance
5%
$101
Other
0%
$0