This property looks like a bad Long-Term investment with a projected -22.69% first-year return on $200k initial cash invested.
-22.69%
Cash On Cash
2.03%
Cap Rate
0.31
DSCR
$3,511
Rent
-$3,772
Cashflow
Cash Flow
$3,511 income − $7,283 expenses = $3,772 out of pocket
Investment Breakdown
|
Purchase Price
$950k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$200k
Downpayment
20%
$190k
Closing costs
1%
$9,500
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,511
Total Expenses
$7,283
Mortgage P&I
148%
$5,201
Property Taxes
24%
$836
Home Insurance
9%
$332
HOA
0%
$0
Property Management
10%
$351
CapEx
5%
$176
Vacancy
6%
$211
Maintenance
5%
$176
Other
0%
$0