This property looks like a bad Long-Term investment with a projected -21.76% first-year return on $191k initial cash invested.
-21.76%
Cash On Cash
2.11%
Cap Rate
0.33
DSCR
$3,517
Rent
-$3,472
Cashflow
Cash Flow
$3,517 income − $6,989 expenses = $3,472 out of pocket
Investment Breakdown
|
Purchase Price
$912k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$191k
Downpayment
20%
$182k
Closing costs
1%
$9,119
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,517
Total Expenses
$6,989
Mortgage P&I
139%
$4,903
Property Taxes
24%
$839
Home Insurance
9%
$332
HOA
0%
$0
Property Management
10%
$352
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0