This property looks like a bad Long-Term investment with a projected -17.99% first-year return on $184k initial cash invested.
-17.99%
Cash On Cash
2.94%
Cap Rate
0.46
DSCR
$4,144
Rent
-$2,761
Cashflow
Cash Flow
$4,144 income − $6,905 expenses = $2,761 out of pocket
Investment Breakdown
|
Purchase Price
$877k
Downpayment
20.0%
Interest Rate
7.1%
Mortgage Duration
30yr.
Cash To Invest
Total
$184k
Downpayment
20%
$175k
Closing costs
1%
$8,772
Rehab
0%
$0
Furnishing
0%
$0
Cashflow
Total Income
$4,144
Total Expenses
$6,905
Mortgage P&I
114%
$4,704
Property Taxes
19%
$769
Home Insurance
7%
$308
HOA
1%
$47
Property Management
10%
$414
CapEx
5%
$207
Vacancy
6%
$249
Maintenance
5%
$207
Other
0%
$0