This property looks like a bad Long-Term investment with a projected -20.04% first-year return on $227k initial cash invested.
-20.04%
Cash On Cash
2.59%
Cap Rate
0.4
DSCR
$4,804
Rent
-$3,792
Cashflow
Cash Flow
$4,804 income − $8,596 expenses = $3,792 out of pocket
Investment Breakdown
|
Purchase Price
$1081k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$227k
Downpayment
20%
$216k
Closing costs
1%
$10,814
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,804
Total Expenses
$8,596
Mortgage P&I
123%
$5,888
Property Taxes
22%
$1,077
Home Insurance
8%
$383
HOA
0%
$0
Property Management
10%
$480
CapEx
5%
$240
Vacancy
6%
$288
Maintenance
5%
$240
Other
0%
$0