This property looks like a bad Long-Term investment with a projected -28.28% first-year return on $207k initial cash invested.
-28.28%
Cash On Cash
0.84%
Cap Rate
0.13
DSCR
$3,023
Rent
-$4,878
Cashflow
Cash Flow
$3,023 income − $7,901 expenses = $4,878 out of pocket
Investment Breakdown
|
Purchase Price
$986k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$207k
Downpayment
20%
$197k
Closing costs
1%
$9,858
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,023
Total Expenses
$7,901
Mortgage P&I
179%
$5,416
Property Taxes
45%
$1,350
Home Insurance
12%
$350
HOA
0%
$0
Property Management
10%
$302
CapEx
5%
$151
Vacancy
6%
$181
Maintenance
5%
$151
Other
0%
$0