This property looks like a bad Long-Term investment with a projected -15.1% first-year return on $196k initial cash invested.
-15.1%
Cash On Cash
3.55%
Cap Rate
0.56
DSCR
$5,236
Rent
-$2,469
Cashflow
Cash Flow
$5,236 income − $7,705 expenses = $2,469 out of pocket
Investment Breakdown
|
Purchase Price
$934k
Downpayment
20.0%
Interest Rate
7.0%
Mortgage Duration
30yr.
Cash To Invest
Total
$196k
Downpayment
20%
$187k
Closing costs
1%
$9,343
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$5,236
Total Expenses
$7,705
Mortgage P&I
95%
$4,973
Property Taxes
21%
$1,125
Home Insurance
5%
$245
HOA
0%
$0
Property Management
10%
$524
CapEx
5%
$262
Vacancy
6%
$314
Maintenance
5%
$262
Other
0%
$0