This property looks like a bad Long-Term investment with a projected -23.7% first-year return on $196k initial cash invested.
-23.7%
Cash On Cash
1.82%
Cap Rate
0.28
DSCR
$3,742
Rent
-$3,868
Cashflow
Cash Flow
$3,742 income − $7,610 expenses = $3,868 out of pocket
Investment Breakdown
|
Purchase Price
$933k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$187k
Closing costs
1%
$9,328
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,742
Total Expenses
$7,610
Mortgage P&I
136%
$5,096
Property Taxes
28%
$1,050
Home Insurance
11%
$420
HOA
2%
$71
Property Management
10%
$374
CapEx
5%
$187
Vacancy
6%
$225
Maintenance
5%
$187
Other
0%
$0