This property looks like a bad Long-Term investment with a projected -26.2% first-year return on $200k initial cash invested.
-26.2%
Cash On Cash
1.19%
Cap Rate
0.18
DSCR
$2,425
Rent
-$4,361
Cashflow
Cash Flow
$2,425 income − $6,786 expenses = $4,361 out of pocket
Investment Breakdown
|
Purchase Price
$951k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$190k
Closing costs
1%
$9,512
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$2,425
Total Expenses
$6,786
Mortgage P&I
214%
$5,180
Property Taxes
26%
$628
Home Insurance
14%
$348
HOA
0%
$0
Property Management
10%
$242
CapEx
5%
$121
Vacancy
6%
$146
Maintenance
5%
$121
Other
0%
$0