This property looks like a bad Long-Term investment with a projected -26.77% first-year return on $194k initial cash invested.
-26.77%
Cash On Cash
0.79%
Cap Rate
0.12
DSCR
$1,843
Rent
-$4,334
Cashflow
Cash Flow
$1,843 income − $6,177 expenses = $4,334 out of pocket
Investment Breakdown
|
Purchase Price
$925k
Downpayment
20.0%
Interest Rate
6.8%
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
$1,843
Total Expenses
$6,177
Mortgage P&I
263%
$4,848
Property Taxes
29%
$526
Home Insurance
18%
$324
HOA
0%
$0
Property Management
10%
$184
CapEx
5%
$92
Vacancy
6%
$111
Maintenance
5%
$92
Other
0%
$0