This property looks like a bad Long-Term investment with a projected -29.26% first-year return on $441k initial cash invested.
-29.26%
Cash On Cash
0%
Cap Rate
0
DSCR
$1,420
Rent
-$10,752
Cashflow
Cash Flow
$1,420 income − $12,172 expenses = $10,752 out of pocket
Investment Breakdown
|
Purchase Price
$2100k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$441k
Downpayment
20%
$420k
Closing costs
1%
$21,000
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,420
Total Expenses
$12,172
Mortgage P&I
752%
$10,675
Property Taxes
28%
$393
Home Insurance
52%
$735
HOA
0%
$0
Property Management
10%
$142
CapEx
5%
$71
Vacancy
6%
$85
Maintenance
5%
$71
Other
0%
$0