This property looks like a bad Long-Term investment with a projected -27.76% first-year return on $202k initial cash invested.
-27.76%
Cash On Cash
0.88%
Cap Rate
0.13
DSCR
$3,046
Rent
-$4,666
Cashflow
Cash Flow
$3,046 income − $7,712 expenses = $4,666 out of pocket
Investment Breakdown
|
Purchase Price
$961k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$202k
Downpayment
20%
$192k
Closing costs
1%
$9,606
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,046
Total Expenses
$7,712
Mortgage P&I
171%
$5,216
Property Taxes
31%
$955
Home Insurance
11%
$346
HOA
13%
$403
Property Management
10%
$305
CapEx
5%
$152
Vacancy
6%
$183
Maintenance
5%
$152
Other
0%
$0