This property looks like a bad Long-Term investment with a projected -21.2% first-year return on $194k initial cash invested.
-21.2%
Cash On Cash
2.32%
Cap Rate
0.36
DSCR
$3,990
Rent
-$3,435
Cashflow
Cash Flow
$3,990 income − $7,425 expenses = $3,435 out of pocket
Investment Breakdown
|
Purchase Price
$926k
Downpayment
20.0%
Interest Rate
7.2%
Mortgage Duration
30yr.
Cash To Invest
Total
$194k
Downpayment
20%
$185k
Closing costs
1%
$9,260
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$3,990
Total Expenses
$7,425
Mortgage P&I
126%
$5,028
Property Taxes
19%
$746
Home Insurance
8%
$329
HOA
7%
$284
Property Management
10%
$399
CapEx
5%
$200
Vacancy
6%
$239
Maintenance
5%
$200
Other
0%
$0