This property looks like a bad Long-Term investment with a projected -20.46% first-year return on $210k initial cash invested.
-20.46%
Cash On Cash
2.3%
Cap Rate
0.36
DSCR
$3,389
Rent
-$3,588
Cashflow
Cash Flow
$3,389 income − $6,977 expenses = $3,588 out of pocket
Investment Breakdown
|
Purchase Price
$1002k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$210k
Downpayment
20%
$200k
Closing costs
1%
$10,023
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,389
Total Expenses
$6,977
Mortgage P&I
158%
$5,343
Property Taxes
11%
$386
Home Insurance
11%
$368
HOA
0%
$0
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0