This property looks like a bad Long-Term investment with a projected -18.85% first-year return on $206k initial cash invested.
-18.85%
Cash On Cash
2.91%
Cap Rate
0.44
DSCR
$4,569
Rent
-$3,242
Cashflow
Cash Flow
$4,569 income − $7,811 expenses = $3,242 out of pocket
Investment Breakdown
|
Purchase Price
$983k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$206k
Downpayment
20%
$197k
Closing costs
1%
$9,829
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,569
Total Expenses
$7,811
Mortgage P&I
118%
$5,401
Property Taxes
19%
$873
Home Insurance
8%
$350
HOA
0%
$0
Property Management
10%
$457
CapEx
5%
$228
Vacancy
6%
$274
Maintenance
5%
$228
Other
0%
$0