This property looks like a bad Long-Term investment with a projected -21.54% first-year return on $192k initial cash invested.
-21.54%
Cash On Cash
2.28%
Cap Rate
0.35
DSCR
$3,512
Rent
-$3,439
Cashflow
Cash Flow
$3,512 income − $6,951 expenses = $3,439 out of pocket
Investment Breakdown
|
Purchase Price
$912k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$192k
Downpayment
20%
$182k
Closing costs
1%
$9,122
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,512
Total Expenses
$6,951
Mortgage P&I
142%
$4,999
Property Taxes
16%
$578
Home Insurance
9%
$326
HOA
4%
$134
Property Management
10%
$351
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0