This property looks like a bad Long-Term investment with a projected -26.73% first-year return on $205k initial cash invested.
-26.73%
Cash On Cash
1.12%
Cap Rate
0.17
DSCR
$3,087
Rent
-$4,560
Cashflow
Cash Flow
$3,087 income − $7,647 expenses = $4,560 out of pocket
Investment Breakdown
|
Purchase Price
$975k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$205k
Downpayment
20%
$195k
Closing costs
1%
$9,750
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,087
Total Expenses
$7,647
Mortgage P&I
172%
$5,315
Property Taxes
37%
$1,139
Home Insurance
11%
$341
HOA
2%
$50
Property Management
10%
$309
CapEx
5%
$154
Vacancy
6%
$185
Maintenance
5%
$154
Other
0%
$0