This property looks like a bad Long-Term investment with a projected -21.91% first-year return on $206k initial cash invested.
-21.91%
Cash On Cash
2.04%
Cap Rate
0.32
DSCR
$3,050
Rent
-$3,767
Cashflow
Cash Flow
$3,050 income − $6,817 expenses = $3,767 out of pocket
Investment Breakdown
|
Purchase Price
$982k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$206k
Downpayment
20%
$196k
Closing costs
1%
$9,823
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,050
Total Expenses
$6,817
Mortgage P&I
173%
$5,283
Property Taxes
15%
$471
Home Insurance
9%
$271
HOA
0%
$0
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0