This property looks like a bad Long-Term investment with a projected -20.27% first-year return on $196k initial cash invested.
-20.27%
Cash On Cash
2.5%
Cap Rate
0.39
DSCR
$4,318
Rent
-$3,304
Cashflow
Cash Flow
$4,318 income − $7,622 expenses = $3,304 out of pocket
Investment Breakdown
|
Purchase Price
$932k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$186k
Closing costs
1%
$9,316
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,318
Total Expenses
$7,622
Mortgage P&I
117%
$5,032
Property Taxes
25%
$1,082
Home Insurance
9%
$385
HOA
0%
$0
Property Management
10%
$432
CapEx
5%
$216
Vacancy
6%
$259
Maintenance
5%
$216
Other
0%
$0