This property looks like a bad Long-Term investment with a projected -25.37% first-year return on $215k initial cash invested.
-25.37%
Cash On Cash
1.11%
Cap Rate
0.18
DSCR
$1,562
Rent
-$4,549
Cashflow
Cash Flow
$1,562 income − $6,111 expenses = $4,549 out of pocket
Investment Breakdown
|
Purchase Price
$1025k
Downpayment
20.0%
Interest Rate
6.9%
Mortgage Duration
30yr.
Cash To Invest
Total
$215k
Downpayment
20%
$205k
Closing costs
1%
$10,246
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$1,562
Total Expenses
$6,111
Mortgage P&I
347%
$5,420
Property Taxes
6%
$93
Home Insurance
12%
$192
HOA
0%
$0
Property Management
10%
$156
CapEx
5%
$78
Vacancy
6%
$94
Maintenance
5%
$78
Other
0%
$0