This property looks like a bad Long-Term investment with a projected -18.66% first-year return on $201k initial cash invested.
-18.66%
Cash On Cash
3.03%
Cap Rate
0.46
DSCR
$4,550
Rent
-$3,129
Cashflow
Cash Flow
$4,550 income − $7,679 expenses = $3,129 out of pocket
Investment Breakdown
|
Purchase Price
$958k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$201k
Downpayment
20%
$192k
Closing costs
1%
$9,584
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,550
Total Expenses
$7,679
Mortgage P&I
117%
$5,324
Property Taxes
20%
$898
Home Insurance
6%
$273
HOA
0%
$0
Property Management
10%
$455
CapEx
5%
$228
Vacancy
6%
$273
Maintenance
5%
$228
Other
0%
$0