This property looks like a bad Long-Term investment with a projected -25.88% first-year return on $197k initial cash invested.
-25.88%
Cash On Cash
1.35%
Cap Rate
0.21
DSCR
$3,488
Rent
-$4,252
Cashflow
Cash Flow
$3,488 income − $7,740 expenses = $4,252 out of pocket
Investment Breakdown
|
Purchase Price
$939k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$197k
Downpayment
20%
$188k
Closing costs
1%
$9,389
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,488
Total Expenses
$7,740
Mortgage P&I
147%
$5,136
Property Taxes
36%
$1,260
Home Insurance
13%
$438
HOA
0%
$0
Property Management
10%
$349
CapEx
5%
$174
Vacancy
6%
$209
Maintenance
5%
$174
Other
0%
$0