This property looks like a bad Long-Term investment with a projected -24.18% first-year return on $190k initial cash invested.
-24.18%
Cash On Cash
1.65%
Cap Rate
0.25
DSCR
$3,112
Rent
-$3,837
Cashflow
Cash Flow
$3,112 income − $6,949 expenses = $3,837 out of pocket
Investment Breakdown
|
Purchase Price
$907k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$190k
Downpayment
20%
$181k
Closing costs
1%
$9,066
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,112
Total Expenses
$6,949
Mortgage P&I
158%
$4,931
Property Taxes
28%
$883
Home Insurance
10%
$325
HOA
0%
$0
Property Management
10%
$311
CapEx
5%
$156
Vacancy
6%
$187
Maintenance
5%
$156
Other
0%
$0