This property looks like a bad Long-Term investment with a projected -23.86% first-year return on $194k initial cash invested.
-23.86%
Cash On Cash
1.81%
Cap Rate
0.27
DSCR
$3,388
Rent
-$3,863
Cashflow
Cash Flow
$3,388 income − $7,251 expenses = $3,863 out of pocket
Investment Breakdown
|
Purchase Price
$925k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$194k
Downpayment
20%
$185k
Closing costs
1%
$9,250
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,388
Total Expenses
$7,251
Mortgage P&I
150%
$5,087
Property Taxes
28%
$960
Home Insurance
10%
$324
HOA
0%
$0
Property Management
10%
$339
CapEx
5%
$169
Vacancy
6%
$203
Maintenance
5%
$169
Other
0%
$0