This property looks like a bad Long-Term investment with a projected -19.11% first-year return on $190k initial cash invested.
-19.11%
Cash On Cash
2.73%
Cap Rate
0.42
DSCR
$4,113
Rent
-$3,028
Cashflow
Cash Flow
$4,113 income − $7,141 expenses = $3,028 out of pocket
Investment Breakdown
|
Purchase Price
$906k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$190k
Downpayment
20%
$181k
Closing costs
1%
$9,056
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,113
Total Expenses
$7,141
Mortgage P&I
119%
$4,880
Property Taxes
21%
$876
Home Insurance
8%
$315
HOA
0%
$0
Property Management
10%
$411
CapEx
5%
$206
Vacancy
6%
$247
Maintenance
5%
$206
Other
0%
$0