This property looks like a bad Long-Term investment with a projected -23.84% first-year return on $196k initial cash invested.
-23.84%
Cash On Cash
1.6%
Cap Rate
0.25
DSCR
$3,862
Rent
-$3,894
Cashflow
Cash Flow
$3,862 income − $7,756 expenses = $3,894 out of pocket
Investment Breakdown
|
Purchase Price
$933k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$187k
Closing costs
1%
$9,334
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,862
Total Expenses
$7,756
Mortgage P&I
128%
$4,946
Property Taxes
38%
$1,479
Home Insurance
8%
$327
HOA
0%
$0
Property Management
10%
$386
CapEx
5%
$193
Vacancy
6%
$232
Maintenance
5%
$193
Other
0%
$0