This property looks like a bad Long-Term investment with a projected -18.33% first-year return on $230k initial cash invested.
-18.33%
Cash On Cash
2.71%
Cap Rate
0.43
DSCR
$5,157
Rent
-$3,513
Cashflow
Cash Flow
$5,157 income − $8,670 expenses = $3,513 out of pocket
Investment Breakdown
|
Purchase Price
$1095k
Downpayment
20.0%
Interest Rate
6.8%
Mortgage Duration
30yr.
Cash To Invest
Total
$230k
Downpayment
20%
$219k
Closing costs
1%
$10,950
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,157
Total Expenses
$8,670
Mortgage P&I
111%
$5,730
Property Taxes
23%
$1,179
Home Insurance
8%
$420
HOA
0%
$0
Property Management
10%
$516
CapEx
5%
$258
Vacancy
6%
$309
Maintenance
5%
$258
Other
0%
$0