This property looks like a bad Long-Term investment with a projected -25.22% first-year return on $209k initial cash invested.
-25.22%
Cash On Cash
1.19%
Cap Rate
0.19
DSCR
$1,819
Rent
-$4,391
Cashflow
Cash Flow
$1,819 income − $6,210 expenses = $4,391 out of pocket
Investment Breakdown
|
Purchase Price
$995k
Downpayment
20.0%
Interest Rate
7.0%
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
$1,819
Total Expenses
$6,210
Mortgage P&I
291%
$5,288
Property Taxes
6%
$101
Home Insurance
19%
$348
HOA
0%
$0
Property Management
10%
$182
CapEx
5%
$91
Vacancy
6%
$109
Maintenance
5%
$91
Other
0%
$0