This property looks like a bad Long-Term investment with a projected -20.37% first-year return on $200k initial cash invested.
-20.37%
Cash On Cash
2.48%
Cap Rate
0.39
DSCR
$5,071
Rent
-$3,401
Cashflow
Cash Flow
$5,071 income − $8,472 expenses = $3,401 out of pocket
Investment Breakdown
|
Purchase Price
$954k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$191k
Closing costs
1%
$9,542
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,071
Total Expenses
$8,472
Mortgage P&I
101%
$5,119
Property Taxes
20%
$992
Home Insurance
12%
$590
HOA
9%
$452
Property Management
10%
$507
CapEx
5%
$254
Vacancy
6%
$304
Maintenance
5%
$254
Other
0%
$0