This property looks like a bad Long-Term investment with a projected -17.63% first-year return on $186k initial cash invested.
-17.63%
Cash On Cash
3.16%
Cap Rate
0.48
DSCR
$4,448
Rent
-$2,732
Cashflow
Cash Flow
$4,448 income − $7,180 expenses = $2,732 out of pocket
Investment Breakdown
|
Purchase Price
$885k
Downpayment
20.0%
Interest Rate
7.3%
Mortgage Duration
30yr.
Cash To Invest
Total
$186k
Downpayment
20%
$177k
Closing costs
1%
$8,853
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,448
Total Expenses
$7,180
Mortgage P&I
109%
$4,844
Property Taxes
20%
$870
Home Insurance
7%
$310
HOA
0%
$0
Property Management
10%
$445
CapEx
5%
$222
Vacancy
6%
$267
Maintenance
5%
$222
Other
0%
$0