This property looks like a bad Long-Term investment with a projected -27.02% first-year return on $209k initial cash invested.
-27.02%
Cash On Cash
1.05%
Cap Rate
0.16
DSCR
$1,721
Rent
-$4,705
Cashflow
Cash Flow
$1,721 income − $6,426 expenses = $4,705 out of pocket
Investment Breakdown
|
Purchase Price
$995k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$209k
Downpayment
20%
$199k
Closing costs
1%
$9,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,721
Total Expenses
$6,426
Mortgage P&I
319%
$5,487
Property Taxes
8%
$144
Home Insurance
20%
$348
HOA
0%
$0
Property Management
10%
$172
CapEx
5%
$86
Vacancy
6%
$103
Maintenance
5%
$86
Other
0%
$0