This property looks like a bad Long-Term investment with a projected -25.89% first-year return on $200k initial cash invested.
-25.89%
Cash On Cash
0.76%
Cap Rate
0.13
DSCR
$2,527
Rent
-$4,305
Cashflow
Cash Flow
$2,527 income − $6,832 expenses = $4,305 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
6.5%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$190k
Closing costs
1%
$9,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,527
Total Expenses
$6,832
Mortgage P&I
189%
$4,782
Property Taxes
42%
$1,061
Home Insurance
13%
$332
HOA
0%
$0
Property Management
10%
$253
CapEx
5%
$126
Vacancy
6%
$152
Maintenance
5%
$126
Other
0%
$0