This property looks like a bad Long-Term investment with a projected -25.34% first-year return on $393k initial cash invested.
-25.34%
Cash On Cash
1.22%
Cap Rate
0.19
DSCR
$4,233
Rent
-$8,298
Cashflow
Cash Flow
$4,233 income − $12,531 expenses = $8,298 out of pocket
Investment Breakdown
|
Purchase Price
$1872k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$393k
Downpayment
20%
$374k
Closing costs
1%
$18,716
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,233
Total Expenses
$12,531
Mortgage P&I
236%
$9,993
Property Taxes
18%
$755
Home Insurance
16%
$682
HOA
0%
$0
Property Management
10%
$423
CapEx
5%
$212
Vacancy
6%
$254
Maintenance
5%
$212
Other
0%
$0