This property looks like a bad Long-Term investment with a projected -18.69% first-year return on $192k initial cash invested.
-18.69%
Cash On Cash
2.72%
Cap Rate
0.43
DSCR
$4,126
Rent
-$2,990
Cashflow
Cash Flow
$4,126 income − $7,116 expenses = $2,990 out of pocket
Investment Breakdown
|
Purchase Price
$914k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$183k
Closing costs
1%
$9,141
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,126
Total Expenses
$7,116
Mortgage P&I
118%
$4,853
Property Taxes
21%
$852
Home Insurance
8%
$338
HOA
0%
$0
Property Management
10%
$413
CapEx
5%
$206
Vacancy
6%
$248
Maintenance
5%
$206
Other
0%
$0