This property looks like a bad Long-Term investment with a projected -24.95% first-year return on $228k initial cash invested.
-24.95%
Cash On Cash
1.82%
Cap Rate
0.27
DSCR
$4,057
Rent
-$4,732
Cashflow
Cash Flow
$4,057 income − $8,789 expenses = $4,732 out of pocket
Investment Breakdown
|
Purchase Price
$1084k
Downpayment
20.0%
Interest Rate
7.7%
Mortgage Duration
30yr.
Cash To Invest
Total
$228k
Downpayment
20%
$217k
Closing costs
1%
$10,839
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,057
Total Expenses
$8,789
Mortgage P&I
152%
$6,177
Property Taxes
29%
$1,172
Home Insurance
9%
$385
HOA
0%
$0
Property Management
10%
$406
CapEx
5%
$203
Vacancy
6%
$243
Maintenance
5%
$203
Other
0%
$0